Recession or recovery: the economic outlook for 2023

The IMF has warned that a recession will hit a ‘third of the world this year’

Fireworks light up the London skyline over Big Ben and the London Eye just after midnight on 1 January 2023
Britain is forecast to face ‘one of the worst recessions’ in the G7 this year
(Image credit: Dan Kitwood/Getty Images)

You thought last year was bad? Get ready for worse in 2023. That was the grim message of the IMF boss, Kristalina Georgieva, this week, said the FT.

Subscribe to The Week

Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.

SUBSCRIBE & SAVE
https://cdn.mos.cms.futurecdn.net/flexiimages/jacafc5zvs1692883516.jpg

Sign up for The Week's Free Newsletters

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.

Sign up