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Tag: worst

IMF/ World Economic Outlook Press Briefing

IMF projects worst economic downturn since the Great Depression The IMF’s latest World Economic Outlook (WEO) sees the global economy faltering and forecasts negative global growth of minus 3 percent in 2020 because of the Covid-19 pandemic. IMF Chief Economist Gita Gopinath said: “Under the assumption that the pandemic and required containment peaks in the […]