IMF & World Bank Warn of Darker Days Ahead | Higher Recession Risk In 2023

The World Bank President David Malpas and IMF Managing Director Kristalina Georgieva warn of a global recession.
"We estimate that countries accounting for about one-third of the world economy will experience at least two consecutive quarters of contraction this or next year. And, even when growth is positive, it will feel like a recession because of shrinking real incomes and rising prices," IMF Managing Director Kristalina Georgieva

#imf #recession #worldbank

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Disclaimer: The views of guests who appear on Mojo Story, as well as the views of interviewees or speeches by public figures or those in the news, are their personal opinions. At no point do they reflect the views of the organization.

[ericcooper]

With exception of Brazil who inflation in going down and economy is booming

[sreerupasircar]

Why is this global recession? Please can anyone explain it

[ChinhNguyen-nzjw]

Hi vọng Thế giới sớm thoát khỏi vòng suy thoái kinh tế toàn cầu này.

[lielianto]

Krisis yg dilakukan oleh manusia yg selalu mementingkan kepentingan dirinya sendiri, saling curiga dan saling memusuhi dan bersaing dengan cara yg licik dan sombong dengan keakuan maka bencana akibat yg harus ditanggung oleh semua bangsa dan negara . inilah Dunia karena perasaan paling kuasa sehingga mengorbankan banyak bangsa yg pada akhirnya Negara nya sendiri akan mengalami kehancuran. Terutama Amerika yg harus mengakui atas kecerobohannya dan kesombongan nya.