The IMF said earlier it was making $50 billion in aid available for low-income and emerging-market countries to fight the epidemic.
Almost 300 million students worldwide faced weeks at home with Italy and India the latest to shut schools over the deadly new coronavirus, as health officials warned many countries were not doing enough to fight the outbreak.
Most deaths and infections are still in China, where the virus first emerged late last year, prompting the country to quarantine entire cities, temporarily shut factories and close schools indefinitely. Several countries have implemented extraordinary measures, with UNESCO saying on Wednesday that school closures in more than a dozen countries have affected 290.5 million children.
“This is not a drill,” WHO chief Tedros Adhanom Ghebreyesus told reporters. “This epidemic is a threat for every country, rich and poor.”The airline industry could lose up to $113 billion in revenue this year due to the impact of the new coronavirus, the International Air Transport Association warned, as governments issue travel restrictions or ban visitors from virus hotspots.
The IMF said earlier it was making $50 billion in aid available for low-income and emerging-market countries to fight the epidemic, which it sees as a “serious threat” that it said would slow global growth to below last year’s 2.9 percent.
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