Tag: Foreign Aid

Coronavirus: Worst Economic Crisis Since 1930s Depression, IMF Says

An anonymous reader quotes a report from the BBC: The coronavirus pandemic will turn global economic growth “sharply negative” this year, the head of the International Monetary Fund (IMF) has warned. Kristalina Georgieva said the world faced the worst economic crisis since the Great Depression of the 1930s. She forecast that 2021 would only see a partial recovery. Ms Georgieva, the…