‘Clear that we have entered recession’: IMF chief amid global downturn

Updated on Mar 28, 2020 12:24 AM IST
Copy Link

IMF chief Kristalina Georgieva said the world has entered recession. “It is clear that we have entered a recession” that will be worse than in 2009 following the global financial crisis, she said in an online press briefing. With the worldwide economic “sudden stop,” Georgieva said the fund's estimate “for the overall financial needs of emerging markets is $2.5 trillion.”

 
SHARE
Story Saved
×
Saved Articles
Following
My Reads
Sign out
New Delhi 0C
Saturday, July 02, 2022