“This is going to be a tough year for most of the global economy, tougher than the one we left behind. Why? Because the three big economies, the US, the EU and China, are slowing down at the same time.” , has indicated .
Euskaraz irakurri: Nazioarteko Diru Funtsak ohartarazi du munduko ekonomiaren mensa atzeraldian sartuko dela 2023an
Most of the World economy will meet 2023 to a “tougher” year than 2022 was due to the simultaneous slowdown in the United States, European Union (EU) and China, the world’s three largest economies, as warned by the chief executive of the International Monetary Fund (IMF)Kristalina Georgieva, pointing out that a third of the world economy will be in it recession.
“This will be a difficult year for most of the global economy, more difficult Then the year we left behind Why? Because the three major economies, US, EU and Chinaare being delayed at the same time,” the Bulgarian economist said in an interview with CBS.
According to the IMF director, the United States is more resilient and can avoid a recession, while “half of the European Union will be in recession next year” and China will slow down even more.
“I hope that despite all these risks, the United States does not fall into recession,” Georgieva stressed, pointing out that the IMF, however, expects “one-third of the world economy to be in recession” and that even in countries experiencing the contraction, “will feel like a recession to hundreds of millions of people.”
In this regard, he recalled that the IMF expects a global economic slowdown that will drive global growth slows down to at least 2.7% next year it was 6% in 2021 and last year 3.2%.
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Source: EITB
I’m Wayne Wickman, a professional journalist and author for Today Times Live. My specialty is covering global news and current events, offering readers a unique perspective on the world’s most pressing issues. I’m passionate about storytelling and helping people stay informed on the goings-on of our planet.
