Daily Post
One-Third of global economy risks recession in 2023 – IMF
Published: Jan 3, 2023
Crawled: Sep 11, 2023 at 7:43 PM
Length: 100 words
Article Content
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. She said that the rapid spread of Covid-19 in China signals a short-term economic blow. 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.
Article Details
- Article ID
- 9331
- Article Name
- one-third-of-global-economy-risks-recession-in-2023-imf
- Date Published
- Jan 3, 2023
- Date Crawled
- Sep 11, 2023 at 7:43 PM
- Newspaper Website
- dailypost.ng