Explainer: How the IMF projects the coronavirus will affect the global economy
What just happened? On Tuesday, the International Monetary Fund (IMF) issued its latest world economic outlook. In the report the IMF projects global economic growth in 2020 to fall to minus 3%. Because of the coronavirus pandemic, the cumulative loss to the global GDP over 2020 and 2021 could be around $9 trillion, greater than …
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