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International Monetary Fund: the global economy is heading towards the largest recession in a hundred years

2020-06-29T14:04:32.184Z

Washington-Sana The International Monetary Fund confirmed that the Corona pandemic will cause the highest levels of economic stagnation in nearly a hundred years



Washington-Sana

The International Monetary Fund confirmed that the Corona pandemic will cause the highest levels of economic stagnation for nearly a hundred years, especially as the crisis worsens due to the spread of the virus in various emerging and developing economies.

The CNN news network quoted the fund as saying in its latest forecast for the global economy ... Despite the economic recession that hit the world, there will be great differences in levels of stagnation between individual economies.

China is the only country on the list that will see an economic recovery of one percent this year, due in part to political support from the Chinese government.

Source: sena

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