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(FILES) In this file photo taken on January 17, 2020, Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva speaks in Washington, DC. – The global coronavirus pandemic is causing an economic crisis unlike any in the past century and will require a massive response to ensure recovery, IMF chief Kristalina Georgieva said on april 9, 2020. The warnings about the damage inflicted by the virus already were stark, but Georgieva warned that the world should brace for “the worst economic fallout since the Great Depression.” (Photo by JIM WATSON / AFP)

The global economy faces a hard road back from the Covid-19 downturn, and nations should remove trade barriers on medical technologies to aid the recovery, the IMF chief said on Thursday.

The call from Managing Director Kristalina Georgieva ahead of this week’s G20 leaders summit comes as countries grapple with the fallout from a pandemic that has killed hundreds of thousands and caused a sharp contraction…



Source: Guardian Newspaper