The UN gives an estimate for the cost of restoring Ukraine and the economic forecast for the world economy. The UN has estimated that the amount needed to restore Ukraine’s infrastructure is already $411B. The organization’s report notes that despite financial assistance from international organ... #GlobalEconomy #UkraineReconstruction #UnitedNations #WarinUkraine #WorldEconomyForecast
The IMF predicts a challenging year for the global economy. According to the Fund, risks to financial stability have increased. 2023 will be another difficult year, where global growth will slow to below 3% due to the pandemic’s consequences, the war in Ukrain... #KristalinaGeorgieva #WorldEconomyForecast
The OECD has improved its two-year forecast for the world’s economy. The Organization for Economic Cooperation and Development predicts the global economy will grow by 2.6% this year. In November 2022, the organization’s 2023 forecast was for 2.2% growth. Now, th... #Globalinflation #OECD #WorldEconomyForecast
The European Commission has improved its economic forecast despite the war in Ukraine. Europe will manage to avoid the recession that was expected at the beginning of the year, the European Commission believes. In particular, it is noted that almost a year after the start of Russia̵... #EUEconomy #EUinflation #WorldEconomyForecast
The IMF characterized the prospects of the world’s economy as “gloomy”. The International Monetary Fund has downgraded its forecasts regarding the prospects for the development of the global economy and called them gloomier. The IMF has identified the main reasons for thi... #Globalinflation #IMFforecast #WorldEconomyForecast
Losses to the world economy from the war in Ukraine are estimated at $2.8T. According to the WSJ, after Putin announced mobilization and preparations for “referendums” in the occupied territories of Ukraine, the West began to fear that the war will drag on for man... #worldeconomy #WorldEconomyForecast
The OECD has radically raised its forecast for world economic growth this year to 5.8%, from a forecast of 4.2% from December 2020. Large scale stimulus spending in the US combined with aggressive vaccination campaigns have turned developed countries, China and India into world locomotiv... #ForcastfortheWorldEconomy #OECDforecast #WorldEconomyForecast
