IMF Warns of Slow Growth of Global Economy

The International Monetary Fund (IMF) warned that the global economy is entering a period of slow growth, with the growth rate expected to be below 3% this year and to remain around 3% in the next five years.

IMF said that the global economic growth slowed sharply last year due to the impact of the Covid-19 pandemic and the conflict between Russia and Ukraine, and this situation will continue until 2023 and may continue for five years.