Speaking on the topic titled "Global Economic Outlook: Is this the End of an Era?" at the World Economic Forum (WEF), in Davos this Friday, the International Monetary Fund (IMF) Managing Director Kristalina Georgieva said that global “outlook is less bad than we feared a couple of months ago.”
What has improved is potential for China to boost growth.
For China we project 4.4% 2023 growth.
Ukraine war remains "tremendous risk" for confidence especially in Europe.
Nonetheless sees no "dramatic improvement" in current imf 2023 global growth forecast of 2.7%.
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