Coronavirus puts ‘fragile’ global recovery at risk: IMF to G20

Riyadh (AFP) – The deadly coronavirus epidemic could put an already fragile global economic recovery at risk, the IMF warned Sunday, as G20 financial chiefs voiced “real concern” over its economic ripple effects.Global growth was poised for a modest rebound to 3.3 percent this year, up from 2.9 percent last year, International Monetary Fund chief Kristalina Georgieva said after a two-day meeting of G20 finance ministers and central bank governors in Riyadh.But the projected recovery was “fragile”, she warned, amid global alarm over the spread of the new virus across multiple countries even as …

Read More