Davos 2023: IMF's Georgieva sees global growth decelerating to 2.7% in 2023

International Monetary Fund Managing Director Kristalina Georgieva said on Tuesday that global economic growth was expected to further decelerate in 2023 to around 2.7% but that it was also seen bottoming out this year.

Georgieva said the three very significant challenges were the Russia-Ukraine war, the cost of living crisis and interest rates at a level unseen in decades. The world must manage the adjustment to more security of supply smartly, she added.