‘Worst is yet to come’: IMF warns the world that 2023 will feel like recession

Published on Oct 12, 2022 10:15 am IST

The International Monetary Fund has warned global economies that the worst is yet to come as it cut global GDP forecast to 2.7%. IMF's top economist Pierre-Olivier Gourinchas has said, "This year's shocks will re-open economic wounds that were only partially healed post-pandemic. In short, the worst is yet to come and, for many people, 2023 will feel like a recession." Watch this video for more details.

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