ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

IMF cuts emerging Asia growth estimate on war, COVID lockdowns

Warns of 'significant slowdown' in global economic expansion

The IMF expects global gross domestic product to expand 3.6% in 2022, down from the 4.4% predicted in January -- before Russia invaded Ukraine and before lockdowns in China. (Source photos by Reuters) 

TOKYO/NEW YORK -- The International Monetary Fund has cut its growth forecast this year for Asia's emerging economies to 5.4% from the 5.9% previously touted, hit by spillover from the Ukraine war and COVID lockdowns in China.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more