IMF Predicts Slow Growth This Decade Due to High Debt, Pandemic Impact
- IMF predicts global growth of just over 3% in 2022, below the historic average of 3.8%
- IMF chief warns of a "Tepid Twenties" decade of sluggish economic growth ahead
- High debt levels pose challenges to public finances in many countries
- Pandemic caused $3.3 trillion in lost global output since 2020
- U.S. and emerging markets expected to help drive growth this year
