Georgieva warned that 2023 is going to be tougher on the global economy than the one left behind. "Why? Because the three big economies, US, EU, China, are all slowing down simultaneously," she said.
New Delhi [India], July 26 (ANI): After a 3.3 per cent contraction in 2020 and a 5.8 per cent rebound in 2021, global GDP growth is projected to slow to 2.7 per cent in 2022 and 2.6 per cent in 2023, said global financial services provider S&P Global Market Intelligence.