A premature withdrawal of political support could lead to worse results in the world economyGita Gopinath, chief economist at the International Monetary Fund (IMF), said Tuesday, Reuters reports.
Additional comments:
“The 2020 economic crisis remains the worst peacetime global contraction since the Great Depression“.
“The global economy can emerge from crisis with fewer scars than feared whether vaccines and therapies remain effective against COVID-19. “
“The world is likely to see an increase in bankruptcies when the pandemic measures are withdrawn, which could have an impact on the fragile banking system. “
“Debt levels are at record levels in many countries, so it is important for all countries to have medium-term plans that ensure that debt remains stable. “
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