By Mohammed Kudrati New data released by the International Monetary Fund (IMF) as part of its flagship World Economic Outlook (WEO) report shows the world economy facing increasingly precarious times ahead. It cut the global growth forecast by 0.3 percentage points to 3.2 percent compared to its April WEO projections. “The global economy, still reeling from the pandemic and Russia’s invasion of Ukraine, is facing an increasingly gloomy and uncertain outlook”, said new IMF Chief Economist Pierre-Olivier Gourinchas in his blog, adding that all risks flagged by the IMF in April have begun to mate…