Tag: World economy

World economy bound to suffer ‘severe recession’: IMF

By Lalit K Jha WASHINGTON: The world economy, already “sluggish” before the coronavirus outbreak, is now bound to suffer a “severe recession” in 2020, IMF chief Kristalina Georgieva has warned and said the current crisis posed “daunting challenges” for policymakers in many emerging markets and developing economies. Addressing the Development Committee Meeting during the annual […]

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