Global Economic Growth To Shrink 4.4% For 2020, IMF Predicts
AP: IMF envisions a sharp 4.4% drop in global growth for 2020
“The International Monetary Fund foresees a steep fall in international growth this year as the global economy struggles to recover from the pandemic-induced recession, its worst collapse in nearly a century. The IMF estimated Tuesday that the global economy will shrink 4.4% for 2020. That would be the worst annual plunge since the Great Depression of the 1930s…” (Crutsinger, 10/13).
U.N. News: IMF: ‘Less severe’ but ‘still deep’ recession predicted
“In the shadow of the COVID-19 pandemic and its continuing impact, the global economy could see a ‘somewhat less severe, though still deep’ recession through 2020, the International Monetary Fund (IMF) has projected in its latest global economic outlook. The revision is driven by better-than-anticipated second quarter gross domestic product (GDP) in large advanced economies, the IMF reported on Monday, noting also stronger than expected growth in China and signs of a more rapid recovery in the third quarter…” (10/13).
The KFF Daily Global Health Policy Report summarized news and information on global health policy from hundreds of sources, from May 2009 through December 2020. All summaries are archived and available via search.