IMF: ‘Less severe’ but ‘still deep’ recession predicted

#IMF; #DeepRecessionPredicted; #GDP; #Covid19Pandemic

In the shadow of the COVID-19 pandemic and its continuing impact, the global economy could see a “somewhat less severe, though still deep” recession through 2020, the International Monetary Fund (IMF) has projected in its latest global economic outlook.

Mariana Ceratti/World Bank