Recession will hit a third of the world this year, warns IMF chief
Monday, 2 January 2023 third of the global economy will be in recession this year, the IMF chief has said, and warned that 2023 will be "tougher" than last year as the US, EU and China will see their economies slow down. The year 2023 will be tougher than last year because the economies of the US, the EU and China will slow down, Georgieva said.
The head of the International Monetary Fund (IMF) has warned that one third of the global economy will be in recession this year. IMF chief Kristalina Georgieva said that 2023 will be βtougherβ than last year as the US, EU and China see their economies slow.
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Kristalina Georgieva, the chief of the International Monetary Fund (IMF) made these grim assertions on Sunday during a CBS news programme "Face the Nation." Zee News
IMF chief Kristalina Georgieva has said that a third of the global economy will be in recession this year and warned that 2023 will be "tougher" than last year... IndiaTimes