Tough year ahead for the global economy, IMF's Georgieva warns
121 Articles
121 Articles
Third of global economy to face recession in 2023, warns IMF head
For much of the global economy, the new year 2023 will be more difficult compared to the previous years, said the International Monetary Fund (IMF) on Sunday. The weakening of financial activities in the leading nations, the United States, Europe, and China, has hurt the global economy.
One-Third of Countries Will Fall Into Recession in 2023, Rest Will ‘Feel Like Recession’: IMF
Kristalina Georgieva, managing director of the International Monetary Fund (IMF), recently predicted that many nations would go into recession next year, with the United States potentially able to avoid it.
One third of world economy expected to be in recession in 2023, says IMF chief
By Diksha Madhok, CNN This year is going to be tougher on the global economy than the one we have left behind, the International Monetary Fund’s (IMF) chief Kristalina Georgieva has warned. “Why? Because the three big economies, US, EU, China, are all slowing down simultaneously,” she said in an interview that aired on CBS Sunday. “We expect one third of the world economy to be in recession,” she said, adding that even for countries that are not…
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