The coronavirus epidemic could destruction international economic advancement this year, the IMF head claimed on Sunday, but a sharp and quick economic rebound could abide by.
“There may be a slice that we are nonetheless hoping would be in the .1-.2 share place,” the controlling director of the Worldwide Monetary Fund, Kristalina Georgieva, informed the Worldwide Women’s Forum in Dubai.
She claimed the whole influence of the spreading sickness that has currently killed more than 1,600 people today would rely on how rapidly it was contained.
“I suggest everyone not to bounce to premature conclusions. There is nonetheless a fantastic deal of uncertainty. We run with scenarios, not nevertheless with projections, ask me in 10 times,” Georgieva claimed.
In its January update to the Globe Economic Outlook, the IMF lowered international economic advancement forecast in 2020 by a .1 share place to three.three for each cent, subsequent a 2.9 for