Sunday , July 5 2020

Global economy will shrink by 3 percent this year before rebounding in 2021.[IMF]

The International Monetary Fund (IMF) says the coronavirus pandemic is causing the worst economic downturn since the Great Depression of the 1930s. In its annual world economic outlook, the fund forecasts the global economy will shrink by 3 percent this year before rebounding in 2021. [Courtesy: The Washington Post]

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