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IMF: ‘Less severe’ but ‘still deep’ recession predicted

IMF: ‘Less severe’ but ‘still deep’ recession predicted

Oct 14, 2020, at 09:41 pm

New York: In the shadow of the COVID-19 pandemic and its continuing impact, the global economy could see a “somewhat less severe, though still deep” recession through 2020, the International Monetary Fund (IMF) has projected in its latest global economic outlook.