April 14, 2022
“Inflation is a threat to financial stability and a tax on ordinary people struggling to make ends meet.”
Kristalina Georgieva is IMF Managing Director
Just as many countries were beginning to feel the grip of the pandemic start to ease, another global calamity is threatening the recovery. In her customary curtain-raiser speech to the IMF-World Bank Spring Meetings, IMF Managing Director Kristalina Georgieva said the war in Ukraine has disrupted millions of lives and many aspects of the global economy:
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