BDO Horizons 2023 - Issue 1

New year, new beginnings, or at least, many of us hope that will be the case for a  more hopeful, peaceful and economically benign 2023. China decided to end its Zero Covid policy to boost its economy but the IMF forecasts global growth to slow down  from 6 per cent in 2021 to 2.7 per cent in 2023, which still represents good growth.  It also expects global inflation to decline from 8.8 per cent in 2022 to 6.5 per cent in 2023.