As the International Monetary Fund and the World Bank hold their meetings, what can we expect for the global economy?
They happen twice a year; The International Monetary Fund and World Bank meetings. The spring meeting is now underway here in Washington. And the IMF is warning the global economy can expect headwinds in the year ahead.
Joining the discussion:
- Otaviano Canuto is Senior Fellow at the Policy Center for the New South and Former Vice President of the World Bank.
- Ryan Patel is a global business executive.
- Vicky Pryce is an international economist.
- Qu Qiang is Assistant Director of the International Monetary Institute.
Here are my priorities going into the 2023 Spring Meetings! Financial stability, debt resolution, and building a foundation for more robust growth in the future.
Watch our daily broadcast, IMF Today, to hear more. https://t.co/QWJU6Y4oTT pic.twitter.com/xCt5WnaSn3
— Kristalina Georgieva (@KGeorgieva) April 10, 2023
This year’s economic slowdown is concentrated in advanced economies, especially the euro area and the United Kingdom, where growth is expected to fall this year to 0.8% and -0.3% respectively before rebounding next year to 1.4% and 1% respectively. https://t.co/lvRdo3zKMV
— IMF (@IMFNews) April 12, 2023