IMF: UK 2023 economic forecast worse than sanction-hit Russia

[Martin Everson]

https://www.arabianbusiness.com/politics-economics/uk-economy-worse-than-sanction-hit-russia-as-imf-forecasts-it-will-be-only-g7-nation-to-shrink-this-year

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The UK will be the only Group of Seven member whose economy will shrink this year, with a contraction of 0.6%, the IMF said.

That makes Britain’s outlook even worse than sanctions-hit Russia, which is expected to expand by 0.3% after contracting 2.2% in 2022

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