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Asharq Al-Awsat
Asharq Al-Awsat
Business
Asharq Al-Awsat

YOU WONT BELIEVE: Imf sees global growth below 3 in 2023 | Mind Blowing Facts

International Monetary Fund (IMF) logo is seen outside the headquarters building in Washington, US. REUTERS/Yuri Gripas

The International Monetary Fund expects global economic growth to dip below 3% in 2023 and to remain around 3% for the next five years, IMF Managing Director Kristalina Georgieva said in prepared remarks on Thursday.

That is the global lender's lowest medium-term growth forecast since 1990, and well below the average growth of 3.8% seen in the past two decades, Reuters reported.

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