Global economy in recession due to corona: IMF
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Updated at:
04 Apr 2020 07:36 AM (IST)
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Global ecponomy is in recession due to the deadly coronavirus as per International Monetary Fund. The economy is going to stagnate, says Internatinal Monetary Fund. IMF chief Kristalina Georgieva said that the global economy is now in a recession due to coronavirus."It is now clear that we have entered a recession. We project a rebound in 2021, but only if we contain the virus and prevent liquidity problems from becoming a solvency issue.