“For the first time since the Great Depression, both advanced and emerging market economies will be in …
Tag:
global economy
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The global economy will contract at least six percent this year due to economic lockdowns to curb …
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FeatureIndustry & TradeTech/AI
Naguib Sawiris: more coronavirus shutdowns will make 2021 another challenging year for global economy
Egyptian billionaire Naguib Sawiris said on Tuesday that extending coronavirus shutdowns will mean that half the world …
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The United Nations (UN) forecast on Wednesday that the coronavirus pandemic will shrink the global economy by …
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Financial InstitutionsMoney
Global economic outlook still worsening, will see worst blow since 1930; says IMF’s Georgieva
The global economic outlook has darkened further since the IMF forecast last month that it would suffer …
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Financial InstitutionsMoney
IMF chief economist rules out a fully recovered global economy from coronavirus crisis by 2021
Global economy, which has been hit hard by the coronavirus pandemic, may not fully recover even by …
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FeatureFinancial InstitutionsMoney
IMF cuts forecast for Egypt’s 2020 GDP growth to 2% due to coronavirus
by Ahmed Aliby Ahmed AliThe International Monetary Fund (IMF) has trimmed its 2020 forecast for Egypt’s real GDP growth to 2 …
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Financial InstitutionsMoney
IMF says world will ‘very likely’ experience worst recession since the 1930s
The global economy will this year likely suffer the worst financial crisis since the Great Depression, according …
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Financial InstitutionsMoney
World is in a recession thanks to coronavirus: IMF chief
by aya salahby aya salahThe global economy is now in a recession thanks to COVID-19 yet only a coordinated effort will …
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Kristalina Georgieva, managing director of the International Monetary Fund (IMF), said in an article on Wednesday that the …