CLEAN : 'Significant downgrades' for US, China behind IMF global growth outlook slash: Gopinath

The IMF has downgraded global growth to 4.4% for the year, primarily due to significant economic challenges in the US and China. China's growth is projected at 4.8%, affected by weaknesses in the real estate sector and private consumption, exacerbated by potential frequent outbreaks. The Omicron variant is expected to have a minimal impact on the global economy, thanks to widespread vaccination and booster availability. The overall outlook suggests a gradual return to normalcy, although communication challenges remain.

What is the revised global growth forecast for this year?

• 4.4%

• 3.9%

• 5.0%

• 4.9%

Which two countries are primarily responsible for the global growth downgrade?

• US and China

• India and Brazil

• Germany and Japan

• Russia and UK

What is one of the main reasons for China's economic downgrade?

• Increase in exports

• Growth in technology sector

• Weakness in the real estate sector

• Rise in manufacturing

How has the availability of vaccines and boosters affected restrictions in rich nations?

• Fewer restrictions

• No change in restrictions

• Complete lockdown

• Increased restrictions

What is the estimated impact of Omicron on the global economy for this year?

• Significant negative impact

• No impact

• Positive impact

• Very small negative impact