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IMF says coronavirus recession will be worse than 2008, as UN appeals for aid for poorest economies

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IMF says coronavirus recession will be worse than 2008, as UN appeals for aid for poorest economies

by reuters

in Canada, Top News

Reading Time: 1 min read

IMF says coronavirus recession will be worse than 2008, as UN appeals for aid for poorest economies

The coronavirus pandemic will cause a global recession in 2020 that could be worse than that seen during the global financial crisis of 2008-2009, but the world’s economic output should recover in 2021, the International Monetary Fund said Monday.

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