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Tag: forecasts

The IMF points to a less severe global crisis, although the outlook worsens for emerging economies

The IMF points to a less severe global crisis, although the outlook worsens for emerging economies

The International Monetary Fund (IMF) issued “somewhat less bleak” projections for the global economy on Tuesday, as rich nations and China rallied faster than expected after coronavirus lockdowns. , although he cautioned that the outlook is getting worse for many emerging markets. IMF forecasts for 2020 pointed to a 4.4% contraction of the world economy, […]