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I.M.F. Sees World Economy Rebounding, Yet Still Fragile, in 2023

Mount Equity Group Tokyo Japan > News > Markets > I.M.F. Sees World Economy Rebounding, Yet Still Fragile, in 2023

WASHINGTON — The International Monetary Fund expects that global economic growth will begin to rebound later this year and that a worldwide recession can be averted if China continues to ease its pandemic restrictions and Russia’s war in Ukraine does not worsen.

Kristalina Georgieva, the managing director of the I.M.F., expressed optimism on Thursday that the recent run of downgrades to global growth could be coming to an end and that an economic expansion could accelerate next year. Her comments, made to reporters during a briefing at the I.M.F. headquarters in Washington, suggested that the storm clouds hanging over the world economy could soon dissipate. The I.M.F., which is expected to release its new global forecasts later this month, projected last October that world output would slow to 2.7 percent in 2023 from 3.2 percent in 2022.

“We think we’ve bottomed out,” Ms. Georgieva said. “We are going to see, toward the…

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