Global 'recession' to be extremely likely in 2023: WEF survey
IMF had also said a third of the global economy will enter a recession in 2023. It has further trimmed the GDP forecast for 2023 to 2.7%.
IMF had also said a third of the global economy will enter a recession in 2023. It has further trimmed the GDP forecast for 2023 to 2.7%.
There happens to be a confluence of shocks hitting the world at a time there are very divergent recoveries in the world, says IMF's Gita Gopinath.