Guardians of world economy told to ‘buckle up’ as outlook dims

WASHINGTON: After a week hosting the International Monetary Fund’s (IMF) annual gathering of economic leaders, managing director Kristalina Georgieva sums it up for the 190 member countries: “Buckle up, and keep going.”

As the talks ended here on Saturday, finance ministers and central bankers, seeking to sustain the world economy’s shaky recovery from the pandemic, worried Russia’s invasion of Ukraine will continue to destabilise Europe and stymies efforts to boost growth.