Supply chain disruption due to spread of new virus IMF infection

Supply chain disruption due to spread of new virus IMF infection February 19 23:19

The International Monetary Fund (IMF) recommended that countries work together to contain if the spread of the new coronavirus could spread further, disrupting the supply network for parts and components.

The IMF released a report on the world economy on March 19 at the meeting of the G20, the Finance Ministers of the 20 major countries and the Governor of the Central Bank in Saudi Arabia later this month.

According to this, the risk of the global economy is the new coronavirus, whose infection is spreading from the beginning of the new year, and it is warned that the spread of infection can be stopped quickly, but the effects may be longer, according to the current assumption. I'm ringing.

More specifically, if the infection spreads further or if the outlook continues for a prolonged period, the supply chain of corporate parts, the so-called supply chain, will be disrupted, and the impact may spread worldwide.

We also recommend that countries work together to contain the new coronavirus in order to reduce its economic damage.

The IMF did not change its outlook for the growth rate of the world economy at 3.3%, but said that it had some implications for the revision, and that it would closely watch how far the new coronavirus could spread.