RIYADH – 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.
"The COVID-19 virus -- a global health emergency -- has disrupted economic activity in China and could put the recovery at risk," Georgieva said in a statement. "We are ready to take any additional measures if necessary to cope with a possible worsening of the impact on the global economy," said French Finance Minister Bruno Le Maire, who attended the G20 talks.
"The main risk is the outbreak of the coronavirus and the consequences that this outbreak" could have are tied to the duration of the epidemic, Gentiloni told reporters in Riyadh.At the meeting in Saudi Arabia, the first Arab nation to hold the G20 presidency, financial leaders also discussed ways to achieve consensus on a global taxation system for the digital era.
"I reported to the G20 that even in the case of rapid containment of the virus, growth in China and the rest of the world would be impacted," she said.
IMF the mother of economic ills and slowdown faced to Pakistan with lowest gdp of last 20 years. Nascent PTIGovernment could not understood the trap created by IMF (the instrument of American CIA) to restrict Pakistan to become a regional economic player.
پاکستان تازہ ترین خبریں, پاکستان عنوانات
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