In an interview with NHK, the head of the IMF = International Monetary Fund, Managing Director Georgiewa, revealed that Russia's invasion of Ukraine will lower the economic growth rate of more than 140 countries around the world from the initial forecast. And showed a strong sense of caution against the slowdown of the world economy.
IMF Managing Director Georgiewa responded to an interview with NHK at its headquarters in Washington on the 14th.
In this, Russia's invasion of Ukraine "has not yet recovered from the effects of the new coronavirus, and it has become a crisis on top of the crisis. It has spurred inflation and made clear to the economies of many countries. It poses a threat, "he said, raising concerns about the impact on the global economy through rising energy and food prices.
He also revealed that the growth rate of 143 countries, which is 86% of the world's GDP = gross domestic product, will be revised downward from the forecast as of January.
In addition, the slowdown of the Chinese economy, where the infection of the new corona is spreading, and the prolonged disruption of the global supply chain = supply network are also cited as economic risk factors. It also has problems with the real estate market and is cooling consumer sentiment. The government will take measures to prevent slowing growth, "he said, saying that the Chinese government will take measures to support the economy, including fiscal stimulus. Was shown.
On the other hand, at the G20 = Finance Ministers and Central Bank Governors' Meeting of 20 major countries, which will be held in Washington on the 20th next week, the differences in the positions of each country regarding the response to Russia are highlighted. "The world situation is tense, but it is clear that the cooperation of each country is needed to prevent further deterioration of the world economy."