Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), said the organization’s forecast for global economic growth in 2023 is deteriorating – global GDP growth in 2023 could be less than 2%, Wrote Reuters agency.
Georgieva reminded that in October, the IMF reduced its global economic growth forecasts for 2023 to 2.7%. “At the time, we also warned that a third of the world economy could go into recession and growth would fall below 2%. The probability of this (scenario) was one in four,” she said.
Among the reasons for the decline in growth, Georgieva called the situation around Ukraine and the “simultaneous slowdown” of the economy in Europe, China and the USA.
IMF chief in the first half of October statedHe said the fund will lower its global economic growth forecasts for 2022 and 2023. The increase indicators for 2022 will be 3.2%, while for 2023 it will be around 2.9%.
In early November, economist Nouriel Roubini, who predicted the 2008 global financial crisis, expression Disappointment with liberal democracy and the view that the rise of radical, authoritarian parties will become major “mega-threats” for the global economy in the medium term, in conjunction with, among other things, growing social inequality in various countries of the world.
Source: Gazeta
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