A difficult year ahead for the global economy is set to hit some countries harder than others.
With 2023 upon us, many bankers, economists, and business leaders have cautioned to brace for a global economic contraction that will send many countries plunging into a recession. As much as one-third of the global economy could enter recession territory this year, IMF director Kristalina Georgieva said over the weekend, warning of a “tough year” ahead for the world.
