IMF chief says 2023 will be tougher for the global economy than 2022, with a 'bush fire' of COVID-19 infections about to sweep China

Jan 2 2023 by Business Insider

 
Kristalina Georgieva, Managing Director of the International Monetary Fund.

Carsten Koall/Getty Images

IMF chief Kristalina Georgieva told CBS News that 2023 will be a tougher year than 2022. The UN agency expects one third of the world economy to be in recession in 2023, she said. A "bush fire" of COVID-19 infections is about to sweep China, she added.

The head of the International Monetary Fund (IMF) has said that 2023 will a tougher year for the global economy than 2022.

"For most of the...

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