According to the International Monetary Fund (IMF), global economic growth will be the weakest in over three decades, with China among the nations that will support the world economy. In a speech delivered on April 6, IMF Managing Director Kristalina Georgieva expressed concern about the road ahead, particularly the path back to robust growth, which is “rough and foggy” following the COVID-19 pandemic, Russia’s invasion of Ukraine, further monetary tightening, and the ongoing cost-of-living crisis around the world. Moreover, Georgieva noted that global growth dropped from 6.1 to 3.4 percent in 2022 following Putin’s war against Ukraine, and the slowdown has continued this year. The IMF expects the world economy to grow less than 3 percent in 2023 and to remain at that level over the next five years, which is the agency’s lowest-medium term growth forecast in more than three decades. However, India and China are expected to lead the global growth with GDP growth forecast at 6.1 percent and 5.2 percent, respectively. While the IMF Chief admits vulnerabilities may still exist within the banking system despite the recent collapse of banks in the United States and Switzerland, she recommends central banks continue to use interest rates to fight inflation alongside financial policies to ensure financial stability.