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Despite initial positive surprises, spillovers from the war in Ukraine could put progress toward reducing poverty and inequality in the Caucasus and Central Asia at risk in the years ahead.

The pandemic and Russia鈥檚 war in Ukraine have shaped recent economic developments in Latin America & the Caribbean. The region now faces a third shock: global financial conditions tightening. Join us from Chile for the press briefing on Nov 2, 9:30 AM ET.

At the Berlin conference, @KGeorgieva underlined the importance of creating a coordination platform for Ukraine鈥檚 partners and donors to help the country secure the needed financing and devise policies that will ensure stability and growth going forward.

The massive terms-of-trade shock triggered by Russia鈥檚 war in Ukraine is a major driver behind the stronger US dollar. See our new blog for our recommended policies responses.

While Asia remains a relative bright spot, it faces slower growth amid rate hikes, Russia鈥檚 war against Ukraine, and China鈥檚 slowdown. Inflation exceeds central bank targets in most countries. Press conference: | Latest Blog:

The global economy's slowdown has intensified due to higher-than-expected inflation, a worse-than-expected slowdown in China due to COVID-19 outbreaks and lockdowns, and the impact of Russia's war in Ukraine. #GFSR

Join us on October 12th for the Second Ukraine Ministerial roundtable. Heads of @IMFNews, @WorldBank, other IFIs and the Ukrainian government will discuss how the international community can support Ukraine鈥檚 financing needs. Tune in here:

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