World: Impact of the war, rise in grain and oil prices and lower growth
Published Apr 17, 2022
Original content
Page Seven / agencies April 24 will mark two months since the Russian invasion of Ukraine and to date the conflict has already left its consequences on the world economy: rise in the price of oil and fuel, wheat and corn and food and inflation and perspectives of lower economic expansion in the countries. The International Monetary Fund (IMF) lowered the growth forecasts of 143 countries due to the effects of the Russian invasion of Ukraine, which represents an impact on 86% of the world's gross domestic product (GDP), according to the director of the IMF, Kristalina Georgieva. In a speech prior to the start of the annual spring assembly, which the organization will hold together with the World Bank next week, Georgieva warned that the future of the economy is extraordinarily uncertain due to the war, sanctions and Covid-19, reported EFE . The IMF will publish next Tuesday, within the framework of its assembly, the updated and detailed economic projections by region and country ...
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