WASHINGTON (Reuters) – The International Monetary Fund is not expected to downgrade its forecast for 2.7% growth in 2023, the head of the global lender said on Thursday, noting that concerns about an oil price spike had failed to materialize and labor markets remained strong.
IMF Managing Director Kristalina Georgieva said 2023 would be another “tough year” for the global economy, and inflation remained stubborn, but she did not expect another year of successive downgrades like those seen last year, barring unexpected developments.
(Reporting by Andrea Shalal; Editing by Chris Reese)
