By — Fatima Hussein, Associated Press Fatima Hussein, Associated Press Leave your feedback Share Copy URL https://www.pbs.org/newshour/economy/global-economy-likely-to-get-worse-before-it-gets-better-warns-imf Email Facebook Twitter LinkedIn Pinterest Tumblr Share on Facebook Share on Twitter Global economy ‘likely to get worse before it gets better’ warns IMF Economy Oct 6, 2022 10:44 AM EDT WASHINGTON (AP) — The International Monetary Fund is once again lowering its projections for global economic growth in 2023, projecting world economic growth lower by $4 trillion through 2026. READ MORE: IMF projects slower growth for world economy as inflation rises Kristalina Georgieva, managing director of the IMF, told an audience at Georgetown University on Thursday that “things are more likely to get worse before it gets better.” Georgieva said the institution downgraded its global growth projections already three times, to 3.2% for 2022 and now 2.9% for 2023. We're not going anywhere. Stand up for truly independent, trusted news that you can count on! Donate now By — Fatima Hussein, Associated Press Fatima Hussein, Associated Press
WASHINGTON (AP) — The International Monetary Fund is once again lowering its projections for global economic growth in 2023, projecting world economic growth lower by $4 trillion through 2026. READ MORE: IMF projects slower growth for world economy as inflation rises Kristalina Georgieva, managing director of the IMF, told an audience at Georgetown University on Thursday that “things are more likely to get worse before it gets better.” Georgieva said the institution downgraded its global growth projections already three times, to 3.2% for 2022 and now 2.9% for 2023. We're not going anywhere. Stand up for truly independent, trusted news that you can count on! Donate now