"The global economy is experiencing a number of turbulent challenges. Inflation higher than seen in several decades, tightening financial conditions in most regions, Russia’s invasion of Ukraine, and the lingering COVID-19 pandemic all weigh heavily on the outlook. The global economy’s future health rests critically on the successful calibration of monetary policy, the course of the war in Ukraine, and the possibility of further pandemic-related supply-side disruptions, for example, in China."

This report was prepared by IMF in selected languages, including English and Russian. Click here to access its full version in English.

 

Source: International Monetary Fund

Illustration: IMF CSF Creative Solutions Division