IMF has lowered the expectations of world economic growth today and next year.

Xinhua News Agency, Washington, July 26 (Reporter Xiong Maoling) International Monetary Fund (IMF) will reduce the world economic growth expectations of 2022 and 2023 on the 26th to 3.2%and 2.9%, respectively. The growth expectations are lowered again.

IMF released the update of the "World Economic Outlook Report" on the same day. It is expected that the growth rate of the world economy will slow from 6.1%last year to 3.2%this year, 0.4 percentage points lower than the April forecast; 0.7 percentage points lower than the forecast in April.

The IMF believes that global, especially in inflation that the United States and major European economies are higher than expected, have tightened the financial environment, and the negative overflow effect of the Ukraine crisis has further impacted the world economy.

Specifically, economic growth expectations in the United States in 2022 and 2023 were 2.3%and 1.0%, respectively, respectively, respectively by 1.4 and 1.3 percentage points from the April forecast. The economic growth expectations of the euro zone today and the next year are 2.6%and 1.2%, respectively, 0.2 and 1.1 percentage points from the April forecast, respectively.

The IMF pointed out that the world economy is facing multiple downward risks, including the Ukrainian crisis that has caused Europe to suddenly stop the import of natural gas from Russia, inflation is more difficult to control than expected, and the global financial environment has intensified emerging markets and developed economic debt issues. If these risks become a reality, inflation will rise further, the world economic growth rate will drop to 2.6%and 2.0%in 2022 and 2023, respectively.

[Editor in charge: Xue Tao]

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