Christalina Georgiava, Director of the IMF, warns about the global economy in 2023 it will be worse than 2022 This is due to the fact that large economies such as the United States, the EU and China are slowing down at the same time.
Christalina Georgiava, Director of the IMF, warns about the global economy in 2023 it will be worse than 2022 This is due to the fact that large economies such as the United States, the EU and China are slowing down at the same time.
The managing director of the International Monetary Fund (IMF) said on the CBS Face the Nation report that “This year’s economy will be heavier than last year because all three of the largest economies in the world – the United States, the European Union (EU ) and China – are slowing down at the same time.”
This warning from Mrs. Georgiava It came after October that the IMF lowered its 2023 global economic growth forecast, citing the impact of the war in Ukraine. pressure from inflation and the policy of raising interest rates that the central banks of countries such as the Federal Reserve or the Fed use to try to lower the inflation ceiling.
Recently, China has lifted its zero COVID policy. along with opening up the country quite chaotically While the public and consumers continue to be cautious. On Saturday, Chinese President Xi Jinping spoke publicly for the first time. after canceling the zero covid policy in a speech on New Year’s Day Chinese leaders have called on all sides to unite. At a time when China is entering a new era
Georgiawa, who recently traveled to China, said the number of infections is expected to increase in China. likely to have an impact on China’s economy this year and sluggish economic growth in the region and in the world
In October, the IMF predicted China’s economic growth of 3.2% last year and 4.4% in 2023. Interpretation of a recent interview with the IMF director who The IMF is likely to revise its growth forecasts for China and the world again soon.
