IMF head warns of worst economic downturn since Great Depression

The coronavirus pandemic will push the global economy into the deepest recession since the Great Depression, with the world’s poorest countries suffering the most, the head of the International Monetary Fund has said.

“We anticipate the worst economic fallout since the Great Depression,” IMF managing director Kristalina Georgieva said on Thursday, in remarks previewing next week’s virtual meetings of the 189-nation IMF and its sister lending organisation, the...
source: Tottenham Independent

2020-04-09 23:38
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