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Reuters
Reuters
Business

Davos 2023: Global growth to bottom out this year - IMF's Georgieva

Kristalina Georgieva Davos International Monetary Fund Interest Rates Economic Growth Ukraine
FILE PHOTO: Managing Director of IMF Kristalina Georgieva attends a session during the G20 Leaders' Summit, in Nusa Dua, Bali, Indonesia, November 16, 2022. REUTERS/Willy Kurniawan/Pool/File Photo

International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday global economic growth was expected bottom out in 2023 despite the continued Ukraine war and rising interest rates.

Speaking at a World Economic Forum panel in Davos, Georgieva affirmed an IMF forecast for global growth to decelerate to 2.7% this year from around 3.2% last year.

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