A Russian tank in the devastated port city of Mariupol, Ukraine. Photo: Reuters
A Russian tank in the devastated port city of Mariupol, Ukraine. Photo: Reuters
Ukraine war

Global growth outlook cut by IMF on Russia invasion, China’s coronavirus lockdowns

  • Global expansion will slow to 3.6 per cent in 2022, down from forecast of 4.4 per cent in January before Russia-Ukraine war; compared with 6.1 per cent in 2021
  • High uncertainties include a worsening of the conflict, escalation of sanctions on Russia, a sharper slowdown in China, and a renewed flare-up of the pandemic

A Russian tank in the devastated port city of Mariupol, Ukraine. Photo: Reuters
A Russian tank in the devastated port city of Mariupol, Ukraine. Photo: Reuters
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