The International Monetary Fund slashed Japan's economic growth forecast for 2022 to 2.4 percent from its earlier estimate of 3.3 percent in a report released Wednesday, citing elevated uncertainty stemming from Russia's war in Ukraine."Escalation of the Ukraine conflict poses significant downside risks to the Japanese economy through commodity prices, financial and trade spillovers, supply-chain disruptions" and other factors, the IMF said.The report, issued based on consultations between the IMF and Japanese authorities, reaffirmed that the recovery of the world's third largest economy fr…READ FULL ARTICLE
