IMF and World Bank begin Spring Meetings in Washington

Overshadowed by persistently high inflation and the consequences of the Russian war of aggression in Ukraine, the International Monetary Fund (IMF) and the World Bank begin their annual spring conference on Easter Monday. The IMF intends to present its new forecast for the development of the global economy on Tuesday. IMF boss Kristalina Georgiewa had already warned of historically weak growth prospects in the coming years.

Central issues in the deliberations from Monday are likely to be combating high consumer prices, the development of the global economy, the reform plans at the World Bank and the turbulence in the banking sector.

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