IMF anticipates worst economic fallout since the Great Depression

 

In a preview of its World Economic Outlook event next week, the International Monetary Fund says the world should be prepared for the worst economic fallout since the Great Depression.

“Today we are confronted with a crisis like no other. COVID-19 has disrupted our social and economic order at lightning speed and on a scale that we have not seen in living memory,” Kristalina Georgieva, IMF managing director, said in a statement Thursday.

Source: ABC News

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