×
Newsmax TV & Webwww.newsmax.comFREE - In Google Play
VIEW
×
Newsmax TV & Webwww.newsmax.comFREE - On the App Store
VIEW
Tags: imf director kristalina georgieva | global recession chances

IMF Chief Doesn't Expect, But Doesn't Rule Out, Recession

Kristalina Georgieva
International Monetary Fund Managing Director Kristalina Georgieva (Getty Images)

Monday, 23 May 2022 11:13 AM EDT

International Monetary Fund Managing Director Kristalina Georgieva on Monday said she does not expect a recession for the world's major economies but also cannot rule one out.

Asked at a panel at the World Economic Forum whether she expected a recession, Georgieva said: "No, not at this point. It doesn’t mean it is out of the question."

The global economic outlook has darkened in the month since the IMF downgraded its 2022 growth outlook because of the war in Ukraine, China's slowdown and global price shocks, particularly for food, she said. "In a short period of time...the horizon has darkened."

© 2024 Thomson/Reuters. All rights reserved.


StreetTalk
International Monetary Fund Managing Director Kristalina Georgieva on Monday said she does not expect a recession for the world's major economies but also cannot rule one out.
imf director kristalina georgieva, global recession chances
100
2022-13-23
Monday, 23 May 2022 11:13 AM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 
Get Newsmax Text Alerts
TOP

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved
NEWSMAX.COM
MONEYNEWS.COM
© Newsmax Media, Inc.
All Rights Reserved