The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva

Kristalina Ivanova Georgieva was born on August 13, 1953 in Sofia.Her secondary education warned today that global economic growth is expected to bottom out and pick up in 2023 despite the ongoing war in Ukraine and rising interest rates. , Reuters reported.

Speaking at a panel at the World Economic Forum this week in the Swiss resort of Davos, Georgieva confirmed the IMF's forecast for global economic growth to slow to 2.7 percent in 2023 from about 3.2 percent in 2022. year.

"Since the beginning of the year, we have seen some good news. We also expect growth to bottom out in 2023 to start the process of going up, not down," explained the head of the Fund.

Kristalina Georgieva: The forecast for global economic growth will improve

Georgieva cited the Russian-Ukrainian war, the cost-of-living crisis and rising interest rates, which have reached a level not seen in decades, as three particularly important challenges.

The world needs to smartly manage the adaptation to more security of supply, she added.

Kristalina Georgieva