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Montevideo, May 7th 2024 - 05:21 UTC

Tag: global epidemic

  • Monday, February 17th 2020 - 08:35 UTC

    IMF admits coronavirus epidemic could damage global economic growth

    “I advise everybody not to jump to premature conclusions. There is still a great deal of uncertainty. We operate with scenarios, not yet with projection” Georgieva said.

    The coronavirus epidemic could damage global economic growth this year, the IMF head said on Sunday, but a sharp and rapid economic rebound could follow. “There may be a cut that we are still hoping would be in the 0.1 to 0.2 percentage space,” the managing director of the International Monetary Fund, Kristalina Georgieva, told the Global Women's Forum in Dubai.