China News Agency, Washington, July 26 (Reporter Sha Hanting) The International Monetary Fund (IMF) released the updated content of the "World Economic Outlook Report" on the 26th local time, reducing the world economic growth forecast for 2022 and 2023 to 3.2 % and 2.9%.

This is the second time the IMF lowered its forecast for world economic growth in April.

  The IMF predicts that the world economic growth rate will slow from 6.1% last year to 3.2% this year, 0.4 percentage points lower than the April forecast; the world economic growth rate in 2023 is expected to be 2.9%, 0.7 percentage points lower than the April forecast.

  Specifically, advanced economies are expected to grow by 2.5% in 2022 and 1.4% in 2023.

Among them, the economic growth of the United States in 2022 and 2023 is expected to be 2.3% and 1.0%, respectively; the economic growth of the euro zone is expected to be 2.6% and 1.2% this year and next.

Emerging market and developing economies are projected to grow by 3.6% in 2022 and 3.9% in 2023.

Among them, China's economic growth in 2022 and 2023 is expected to be 3.3% and 4.6% respectively.

  The report also showed that global inflation forecasts were revised up despite slowing economic activity, in part due to higher food and energy prices.

The IMF expects inflation in advanced economies to hit 6.6 percent this year and 9.5 percent in emerging market and developing economies.

  The IMF noted that the current level of inflation clearly poses a risk to macroeconomic stability now and in the future, and that reducing inflation to the central bank's target level should be a top priority for policymakers.

Tightening monetary policy will inevitably bring economic costs, but delays and delays will only make the difficulty more difficult to resolve.

Central banks that have begun to tighten monetary policy should hold on until inflation is under control.

  The IMF believes that the current world economy faces multiple downside risks, including the Ukraine crisis causing Europe to suddenly stop importing natural gas from Russia, inflation is more difficult to control than expected, tightening global financial conditions exacerbate emerging market and developing economies debt problems, food and energy prices The rise has sparked widespread food security concerns and social unrest.

If some of the above risks materialize and inflation rises further, the world economic growth rate may drop to 2.6% in 2022 and 2.0% in 2023.

(Finish)