October 21, 2020

24X7 News Guru

The Real Time News

‘Covid resulted in largest global contraction in 80 yrs’

The World Bank and the International Monetary Fund (IMF) said the global economic contraction caused by the ongoing coronavirus pandemic is the largest in the last eight decades, raising the world poverty rate, exacerbating inequalities and damaging long-term economic growth prospects....

The World Bank and the International Monetary Fund (IMF) said the global economic contraction caused by the ongoing coronavirus pandemic is the largest in the last eight decades, raising the world poverty rate, exacerbating inequalities and damaging long-term economic growth prospects.

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