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Business News of Monday, 20 April 2020

Source: reuters.com

IMF's Georgieva says coronavirus crisis is worst since Great Depression

Kristalina Georgieva, IMF Managing Director Kristalina Georgieva, IMF Managing Director

The crisis sparked by the spread of the novel coronavirus is the worst since the Great Depression, IMF Managing Director Kristalina Georgieva said on Monday.

The fallout from the virus will mean that 170 countries will have negative economic growth this year, she told a videoconference press briefing for the Bulgarian media.