IMF chief urged to prepare for economic shocks this year

“We must be prepared for the fact that there may be more shocks,” TASS quoted Georgieva as speaking at the Washington Center for Global Development.

According to her, economic risks in the world are growing due to rising inflation, supply chain disruptions and civil unrest.

Earlier, the World Bank predicted a decline in global economic growth to 4.1% in 2022 and to 3.2% in 2023 due to the situation with the coronavirus and inflation.