IMF cuts 2022 global growth forecast to 3.6 pct amid Russia-Ukraine conflict
STORY: IMF cuts 2022 global growth forecast to 3.6 pct amid Russia-Ukraine conflict
DATELINE: April 20, 2022
LENGTH: 00:01:26
LOCATION: Washington D.C.
CATEGORY: ECONOMY
SHOTLIST:
1. SOUNDBITE 1 (English): PIERRE-OLIVIER GOURINCHAS, IMF Chief Economist
2. SOUNDBITE 2 (English): PIERRE-OLIVIER GOURINCHAS, IMF Chief Economist
3. SOUNDBITE 3 (English): PIERRE-OLIVIER GOURINCHAS, IMF Chief Economist
4. SOUNDBITE 4 (English): PIERRE-OLIVIER GOURINCHAS, IMF Chief Economist
5. Various of the press conference
STORYLINE:
The International Monetary Fund (IMF) on Tuesday slashed global growth forecast for 2022 to 3.6 percent amid the Russia-Ukraine conflict, down by 0.8 percentage point from January projection, according to its newly released World Economic Outlook (WEO) report.
The Ukraine crisis unfolds while the global economy was "on a mending path" but had not yet fully recovered from the COVID-19 pandemic, the report said, noting that global economic prospects have worsened "significantly" since the forecast i
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