IMF and G20 warn of scarcity and inflation fears

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The world economy has been facing bottlenecks in supply chains for months that fuel inflation and threaten growth, a central theme at International Monetary Fund meetings (IMF) e do world Bank, e do G20 e do G7 this Wednesday (13) in Washington.

The supply problems caused by the increased demand for logistical transport amid the recovery from the pandemic, combined with the shortage of labor, led the International Monetary Fund to revise downwards the growth forecasts of several countries, among them United States, China, Germany and United Kingdom.

The world economy is facing a “particularly challenging time,” IMF Managing Director Kristalina Georgieva told a news conference.