IMF Chief Says Omicron Could Dent Global Economic Growth

IMF Chief Says Omicron Could Dent Global Economic Growth
People wait in a line to undergo coronavirus disease (COVID-19) test at its testing site in central Seoul, South Korea, on Dec.1, 2021. Kim Hong-Ji/Reuters
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WASHINGTON—The International Monetary Fund is likely to lower its global economic growth estimates due to the new Omicron variant of the coronavirus, the global lender’s chief said at the Reuters Next conference on Friday.

Omicron has spread to at least 40 countries since it was first reported in South Africa last week, officials say, and many governments have tightened travel rules to try to keep it out.