<span style="color: #222222;">The International Monetary Fund said that the world economy is expected to grow at less than 3 per cent this year, with India and China expected to account for half of global growth in 2023.<br />''<br />''International Monetary Fund (IMF) managing director Kristalina Georgieva warned that a sharp slowdown in the world economy last year following the raging pandemic and Russia's military operation of Ukraine would continue this year.<br />''<br />''In a statement, Georgieva said the period of slower economic activity will be prolonged, with the next five years witnessing less than 3 per cent growth.<br />'' <br />''However, she said some momentum comes from emerging economies – Asia especially is a bright spot. India and China are expected to account for half of the global growth in 2023. But others face a steeper climb.  <br />''<br />''Georgieva said slower growth would be a severe blow, making it even harder for low-income nations to catch  She explained  Poverty and hunger might further increase which is a dangerous trend that was started by the COVID crisis,".<br />''<br />''Her comments come ahead of next week's spring meetings of the IMF and the World Bank, where policy-makers will convene to discuss the global economy's most pressing issues.</span><br />