IMF Cuts 2023 Global Economic Growth Forecast To 2.7%
According to the World Economic Outlook released by the IMF (the International Monetary Fund) on October 11th, the global economic growth forecast of 2022 keeps at 3.2%, but that of 2023 is cut by 0.2 percentage point to 2.7%. The report noted that over one third of global economies will fall into recession this year or next year.