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One-third of world's economy will fall into recession, warns IMF director
Posted
January 3, 2023
Views
22,426
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142
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January 3, 2023
22,426
142
68
0.94%
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2:45Now PlayingThe International Monetary Fund predicts the global economy will get worse before it gets better. The war in Ukraine, rising prices, high interest rates and the spread of COVID-19 in China are contributing factors to the gloomy economic outlook.
CORRECTION: A previous version of the video title misstated that two-thirds of the world's economy is expected to fall into a recession this year. In fact, the IMF says one-third of the world's economy will fall into a recession.
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