Chinanews client June 25th The International Monetary Fund (IMF) released the "World Economic Outlook" on the evening of the 24th. The global economic growth rate in 2020 is expected to be -4.9%, which is higher than that of the April 2020 "World Economic Outlook" The forecast is 1.9 percentage points lower. The negative impact of the new coronavirus epidemic on economic activity in the first half of 2020 is more severe than expected, and recovery is expected to be slower than previously predicted. The following countries are expected to experience simultaneous deep recessions: the United States (-8.0%), Japan (-5.8%), the United Kingdom (-10.2%), Germany (-7.8%), France (-12.5%), Italy and Spain (- 12.8%).
IMF: The global economy is expected to shrink by 4.9% in 2020
2020-06-25T02:03:57.364Z
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Chinanews client June 25th The International Monetary Fund (IMF) released the "World Economic Outlook" on the evening of the 24th. The global economic growth rate in 2020 is expected to be -4.9%, which is higher than that of the April 2020 "World Economic Outlook" The forecast is 1.9 percentage points lower. The negative impact of the new coronavirus epidemic on economic activity in the first ha...
Source: chinanews