Global economy to shrink by 3 percent in 2020, says IMF

International Monetary Fund (IMF)'s Chief Economist Gita Gopinath announced, "We are projecting global growth in 2020 to fall by 3 percent."
The is a huge impact of deadly Coronavirus on the economy. This will be the steepest downturn since the Great Depression of 1930s

In the world, there are more than 16 lakh patients of Coronavirus as of now.