GSTV
The head of the International Monetary Fund, Kristalina Georgieva, has expressed fears of a global recession next year. She warned that fears of a possible global recession next year could not be ruled out. The risk of a recession for all the world’s economies has increased significantly since April. This has led to fears of a possible global recession. Which is a major threat to all the world’s economies. Kristalina, the IMF’s managing director, said in an interview that the IMF would revise its previous forecast for economic growth in 2022 to 3.6 percent in the coming weeks. He said IMF economists were finalizing the new global rate figures and it would be finalized as soon as possible. In 2021, the growth rate of the global economy was 6.1 percent. “We are all in a serious crisis,” he said, referring to rising global inflation, rising interest rates, a slowdown in China’s economic growth and sanctions imposed on Russia in the wake of the Russia-Ukraine war.
The post IMF warning / threat of global recession next year, threat not averted appeared first on GSTV.