Recession is a danger to the world economy.. IMF warning! – International monetary fund warns high inflation may result in global recession

by time news
Inflation has risen sharply in recent months due to the Ukraine-Russia war. Consequently, interest rates have been raised in various countries to control inflation.

In this case, the International Monetary Fund (IMF) has warned that there are risks due to high inflation, and if this is ignored, there may be an economic collapse at the international level.

Also, the International Monetary Fund has downgraded its outlook for global economic growth. In a report published by the International Fund last April, it estimated that the global economy would grow by 3.6%. In this case, the International Monetary Fund has reduced the estimate to 3.2%.

Income tax filing deadline extension.. Auditors Association letter to central government!
The International Monetary Fund said the world economy slowed in the second half of the current year due to problems in Russia and China. It says that the situation has worsened especially after April.

The International Monetary Fund has said that economic growth has stagnated in the world’s three largest economies, the United States, China and the European Union, and the consequences of this will reverberate globally.

You may also like

Leave a Comment