The IMF has admitted that the world may face a recession in 2023. It It is also going to lower its global GDP growth forecast for this year and next - new estimates will be developed in the near future. Next year - new estimates will be developed in the near future. soon. About it declared director of fund Kristalina Georgieva, whose words Reuters reports. She noted that in April, the prospects for global economic have become significantly worse. The main named her factors triggering a recession, were rising inflation, aggressive interest rate hikes by central banks to The main named factors that triggered the recession were higher inflation, aggressive interest rate hikes by central banks to curb the latter, Western sanctions against Russia and a slowdown in Western sanctions against Russia and a slowdown in China's GDP growth. The Fund has so far lowered its forecast for global GDP twice this year. Global GDP for this year, the next downgrade will be the third. The last reassessment took place in April, when the indicator was 0.5 percentage points lower. Meanwhile, gas prices in Europe are actively rising on fears of of shrinking supplies from Russia - they were up 8% last night.