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The IMF may worsen the prognosis for the world economy

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the IMF expects will be much more bad news from the point of view of how it evaluates 2020.

The IMF may worsen the prognosis for the world economy

the managing Director of the International monetary Fund Kristalina Georgieva said Tuesday that the Fund was “with high probability” will further worsen the forecasts of global GDP, since the coronavirus has a greater impact on many economies than previously predicted.

“the Data coming from many countries, worse than our already pessimistic forecasts, said Georgieva during an online conference organized by the Financial Times. - It is very likely that we will present updated projections at some point in June, and at that time... we are expecting to be a little more bad news from the point of view of how we assess the year 2020”.

the Current forecast of the IMF, launched in April, provides for a reduction of global GDP by 3% in 2020.

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