IMF Managing Director Kristalina Georgieva spoke about the growing fragility of the growing global economy against the backdrop of attempts by world central banks to contain inflation. She told this to reporters before the annual spring meetings of the IMF and World Bank. video released Youtube channel fund, capital.
“Interest rates cannot have risen this much after being low for so long, and there would be no vulnerability. Something has to explode,” Georgieva explained.
But according to him, despite the problems in the banking sector in the USA and Switzerland, the global economy is not threatened by the banking crisis in 2008.
Formerly World Bank developed Forecast for Russia’s 2023 GDP dynamics from -3.3% to -0.2%. The change in outlook resulted from the better-than-expected 2022 figures.