News > Omicron: IMF warns emerging economies of ‘rough times ahead’

Omicron: IMF warns emerging economies of ‘rough times ahead’

Scroll | 10/01/2022 04:20 PM | Click to read full article

The International Monetary Fund on Monday warned developing countries of uncertainties in their economies due to the spread of the Omicron variant of coronavirus.

In a blog post, IMF economists Stephan Danninger, Kenneth Kang and Helene Poirson flagged risks to economic growth in developing countries due to the “stubbornly resurgent pandemic”.