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    Home»News»Business & Economy»IMF Sounds Warning, Says One-Third Of Global Economy Risks Recession In 2023
    Business & Economy

    IMF Sounds Warning, Says One-Third Of Global Economy Risks Recession In 2023

    Bolanle Oduekun-AyoolaBy Bolanle Oduekun-AyoolaJanuary 3, 2023Updated:January 9, 2023No Comments1 Min Read
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    International Monetary Fund

    The International Monetary Fund, IMF, has raised an alarm that a third of the global economy risks recession in 2023.

    Managing Director of the IMF, Kristalina Georgieva, disclosed this in an interview with CBS News. Georgieva said: “We expect one-third of the world economy to be in recession. Half of the European Union will be in a recession this year.”
    Earlier, a multinational investment bank, Goldman Sach stated that global economic growth would slow to 1.8 per cent in 2023.

    IMF MONEY Naira
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    Bolanle Oduekun-Ayoola

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