Washington-Sana
The International Monetary Fund lowered its forecast for global economic growth rates for 2022 to 4.4 percent from 4.9 percent, and for 2023, the forecast reached 3.8 percent, down from 3.6 percent.
The Fund said in its report for the month of January: “The global economy enters in 2022 a more vulnerable position than was initially expected, with the outbreak of the Omicron strain of the Corona virus, and the countries of the world resort again to imposing restrictions on movement, and the rise in energy prices and the disruption of supplies led to inflation that is increasing in value and expansion.” “.
The report also stated that the global growth rate in 2021 was estimated at 5.9 percent and is expected to slow to 4.4 percent in 2022.