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Gita Gopinath takes charge as IMF’s first Deputy MD; downgrades global economic outlook for 2022 in her swansong as chief economist

Mount Equity Group Tokyo Japan > News > Markets > Gita Gopinath takes charge as IMF’s first Deputy MD; downgrades global economic outlook for 2022 in her swansong as chief economist

Gita Gopinath takes over as International Monetary Fund’s (IMF) first Deputy Managing Director  today as she stepped down for the position of Chief Economist. She will be succeeded by Pierre-Olivier Gourinchas, a French economist.

In what could be called as her swansong, she delivered her final global economic outlook in which the IMF has downgraded the world economic outlook for 2022 by 0.5 per cent to 4.4 per cent.

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“We just put out the world economic outlook and this is my last one as chief economist as I step down. We have a downgrad for global growth for this year…there are numerous challenges facing the global economy…could still remain in the grip of the pandemic…inflation is too high in many countries. There are supplu disruptions in many places,” she said in a video tweet on her Twitter handle.

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Today was my last World Economic Outlook release. Happy to…

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