The corresponding statement is published on the IMF's Twitter page.

She said that “under any scenario, in 2020, global economic growth will fall below the level it was last year.”

Georgieva noted that just how much the global economy will decrease and how long it will last, "will depend on the epidemic of the coronavirus, as well as on the quality, timeliness and effectiveness of the measures taken."

She also said that the IMF “can immediately through its emergency financing mechanisms allocate $ 50 billion to low-income countries and emerging market economies that do not request full-fledged IMF assistance programs.”

Earlier, Deputy Chairman of the Central Bank Ksenia Yudaev said that the direct impact of the situation with COVID-19 on the Russian economy is minimal.

Former Minister of Economy of Russia Andrei Nechaev in an interview with NSN assessed the impact of coronavirus on the global economy.