Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), said that 2023 will be a challenging year for the global economy. It has been reported DEA News.
“The global economy has been in a turbulent environment for some time now, and it has been going through shock after shock,” the IMF chief said at the Boaos Forum for Asia in China.
Georgieva emphasized that the consequences of the conflict in Ukraine and the tightening of monetary policies continue to affect the pace of global GDP growth.
According to the IMF chief, GDP is expected to be below 3% in 2023.
Former World Bank Chief Economist Indermit Gill declarationThe “lost decade” in the world economy may come. This will adversely affect the solution of fundamental problems: chronic poverty, income inequalities and climate change.