World economic growth rate Worst level outlook since the Great Depression IMF April 9 23:01
IMF = The International Monetary Fund has faced the severe outlook that global economic growth in 2020 will fall to its worst levels since the Great Depression that began in 1929, due to the spread of the new coronavirus infection. Showed.
This was announced by IMF head, Managing Director Georgieva, in a speech on Tuesday.
In this statement, Managing Director Georgieva said that the growth rate of the world's economy is "turning negative and is expected to be the worst since the Great Depression. Just three months ago, it was more than 160 Per capita income was expected to be positive in some countries, but now the numbers have reversed and income has been negative in more than 170 countries. The crisis is endless. " After the onset of the Great Depression, he had a terrible outlook for falling to the worst levels.
"If the pandemic ends in the second half of the year, we expect a partial recovery next year and 2021, but this prediction is also very uncertain."
In addition, as the financial markets have been turbulent, capital outflows from emerging markets have risen to $ 100 billion in the past two months and ¥ 11 trillion in Japanese yen, more than triple that of the 2008 financial crisis. He expressed his intention to pay particular attention to the emerging economies' economies.