Prof K Nageshwar: Is world heading for recession? (Video)

         కరోనా  వైరస్ ఖర్చు 2 లక్షల కోట్లు, ప్రపంచ ఆర్థిక మాంద్యం వస్తుందా?Is world heading for recession?

The global economic slowdown will be more severe than previously estimated, Kristalina Georgieve, the IMF’s managing director, said .

“Unfortunately over the last week, we have seen a shift to a more adverse scenario for the global economy,” Georgieva said, at a briefing for reporters.

Growth in 2020 would ‘dip below’ the estimated global growth of 2.9% seen in 2019, Georgieva said. That’s a 0.5 percentage point drop from the IMF’s prior forecast of 3.3% growth in 2020.

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Prof K Nageshwar: Is world heading for recession? (Video)
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కరోనా వైరస్ ఖర్చు 2 లక్షల కోట్లు, ప్రపంచ ఆర్థిక మాంద్యం వస్తుందా?Is world heading for recession? The global economic slowdown will be more severe than previously estimated, Kristalina Georgieve, the IMF’s managing director, said . “Unfortunately over the last week, we have seen a shift to a more adverse scenario for the global economy,” Georgieva said, at a briefing for reporters. Growth in 2020 would ‘dip below’ the estimated global growth of 2.9% seen in 2019, Georgieva said. That’s a 0.5 percentage point drop from the IMF’s prior forecast of 3.3% growth in 2020.

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