Recession Will Hit A Third Of the World Economy In 2023, Warns IMF Chief Kristalina Georgieva
The warning from the International Monetary Fund (IMF) chief comes amid the Ukraine war, higher interest rates and the surge in coronavirus infections in China fuelled by the Omicron variant.
2023 will be a tough year, “tougher than the year we leave behind” for the world economy, warned IMF managing director Kristalina Georgieva. She further said, “We expect one-third of the world economy to be in recession.” The warning from the International Monetary Fund (IMF) chief comes amid the Ukraine war, higher interest rates and the surge in coronavirus infections in China fuelled by the Omicron variant. Pakistan PM Shehbaz Sharif Says ‘No Other Option but To Implement IMF Program’, Calls It ‘Painful Reality’
Check Tweet:
(SocialLY brings you all the latest breaking news, viral trends and information from social media world, including Twitter (X), Instagram and Youtube. The above post is embeded directly from the user's social media account and LatestLY Staff may not have modified or edited the content body. The views and facts appearing in the social media post do not reflect the opinions of LatestLY, also LatestLY does not assume any responsibility or liability for the same.)