(Photo: IMF) February 24, 2022/IMFBlog By Tryggvi Gudmundsson The economic recovery continues, though the pace of the recovery has slowed. Notably, our global forecast was lowered in January to a still-healthy 4.4 percent expansion this year. This was down from an October projection of 4.9 percent, amid reduced growth prospects for the United States […]

(Image: IMF photos) February 23, 2022/IMFBlog By Ceyla Pazarbasioglu and Rhoda Weeks-Brown To stave off risks to recovery, policymakers should focus support on firms that can survive and prepare to restructure or liquidate those that cannot.  Companies entered the COVID-19 crisis with record debts they racked up after the global financial crisis when […]

A masked commuter on the escalator at London’s Holborn Underground Station. (IMF Photo/Jeff Moore) February 23, 2022/IMF IMF COUNTRY FOCUS By the UK team, IMF European Department Thanks to a rapid vaccination campaign and highly accommodative policies, the United Kingdom’s economic recovery has proceeded faster than expected. The near-term growth […]