Higher recession risk and darker global outlook in 2023 : International Monetary Fund

IMF Chief Kristalina Georgieva

New Delhi – International Monetary Fund has warned that numerous countries may have to face an economic recession.

IMF’s Georgieva sees ‘darkening’ outlook for global economy, rising recession risks https://t.co/rcEMg1a7Ek pic.twitter.com/QN5ecR7hih

— Reuters (@Reuters) October 6, 2022

IMF Chief Kristalina Georgieva said, people’s incomes are reducing and inflation is increasing which means many countries are facing an economic slowdown. Next year may see an increase in its proportion.