Coronavirus could damage global growth in 2020: IMF

Dubai (AFP) – The coronavirus epidemic could damage global economic growth this year, the IMF head said Sunday, but a sharp and rapid economic rebound could follow.”There may be a cut that we are still hoping would be in the 0.1-0.2 percentage space,” the managing director of the International Monetary Fund, Kristalina Georgieva, told the Global Women’s Forum in Dubai.She said the full impact of the spreading disease that has already killed more than 1,600 people would depend on how quickly it was contained.”I advise everybody not to jump to premature conclusions. There is still a great deal o…

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