(ANSA) - ROME, FEBRUARY 22 - In the face of the coronavirus emergency, the IMF has reduced the global growth estimate for 2020 to 3.2%, 0.1 points less, bringing the forecast for China to 5.6% against 6% last month. In the main scenario, "the impact on the world economy would be relatively low and short-lived," general manager Kristalina Georgieva told the G20 in Riad. "But let's also look at more worrying scenarios in which the spread of the virus continues longer and becomes more global, with more lasting consequences on growth."
The OECD too, said Secretary General Angel Gurria, may have to lower global growth forecasts. Ilvirus, stressed Gurria, highlights the need for global budget stimuli.
Coronavirus risks, IMF worldwide GDP file
2020-02-22T15:35:57.656Z
In the face of the coronavirus emergency, the IMF reduced the global growth estimate for 2020 to 3.2%, 0.1 points less, bringing the forecast for China to 5.6% against 6% of the month last. (HANDLE)