The International Monetary Fund upgraded on Tuesday its economic outlook for this year for China, India, and Europe in comparission to the April one, while the expectations about the United States and Japan, however, are slightly lowered.
They also added that inflation caused by the pandemic and present crises has hindered worldwide progress against the skyrocketing prices, adversely affecting all fields and services.
The IMF is a lending organization that aims to promote sustainable economic growth and financial stability for its 190 member states.
