One-Third of global economy risks recession in 2023 - IMF

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One-Third of global economy risks recession in 2023 - IMF
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The International Monetary Fund, IMF, has raised an alarm that a third of the global economy risks recession in 2023. DAILY POST reports that the Managing

The International Monetary Fund, IMF, has raised an alarm that a third of the global economy risks recession in 2023.

DAILY POST reports that the Managing Director of the IMF, Kristalina Georgieva, disclosed this in an interview with CBS News.Georgieva said: “We expect one-third of the world economy to be in recession. Half of the European Union will be in a recession this year.” Earlier, a multinational investment bank, Goldman Sach stated that global economic growth would slow to 1.8 per cent in 2023.

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