IMF Warns ‘The Worst Is Yet To Come’
View Source | October 11, 2022 12:17 pm
- Global growth will slow to 2.7 percent in 2023, the International Monetary Fund has estimated in its recently published World Economic Outlook.
- Although the GDP estimate remained steady for 2022, excluding the Covid-19 pandemic and the global financial crisis, the IMF reported that this is “the weakest growth profile since 2001.”
- “The worst is yet to come, and for many people 2023 will feel like a recession,” the IMF report said.
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