IMF: There is a Danger of Recession in the World Economy in 2023, Bulgaria with Slow Growth
A sharp tightening of financial conditions amid high inflation could lead to a recession in the global economy in 2023, according to the International Monetary Fund's (IMF) World Economic Outlook report released today.
The document makes it clear that the organization is increasing its forecast for Bulgaria's economic growth this year. For 2023, however, the IMF significantly reduces its expectations for the growth of the Bulgarian gross domestic product (GDP).
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