Covid-19 puts ‘fragile’ global recovery at risk, IMF tells G20
Empty shelves at a Milan supermarket as people stockpile due to the fear of the new coronavirus. Italy is the first country in Europe to report the death of one of its own nationals from the virus. – EPA pic, February 24, 2020.
THE deadly coronavirus epidemic could put an already fragile global economic recovery at risk, the IMF warned, as G20 financial chiefs voiced “real concern” over its economic ripple effects. Global growth was poised for a modest rebound to 3.3% this year, up from 2.9% last year, International Monetary Fund chief Kristalina Georgieva said after a two-day meeting of G20 finance ministers and central bank governors in Riyadh.
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