IMF chief Kristalina Georgieva says global economic outlook has ‘darkened significantly’ and global growth will be downgraded this month for 2022 and 2023

Simon Ateba( Chief White House Correspondent )

Simon Ateba is Chief White House Correspondent for Today News Africa. Simon covers President Joe Biden, Vice President Kamala Harris, the U.S. government, the United Nations, the International Monetary Fund, the World Bank and other financial and international institutions in Washington D.C. and New York City.

The International Monetary Fund Managing Director Kristalina Georgieva said on Saturday that the global economic outlook has ‘darkened significantly’ and the G20 leadership needs to act, alerting that the Fund will project a further downgrade to global growth for 2022 and 2023 in its World Economic Outlook Update at the end of this month.