International Monetary Fund (IMF) chief Kristina Georgieva has called the coronavirus a serious challenge to the global economy and people's health. With this, Georgieva said this on Wednesday. At the same time, he said that global growth may be affected due to this crisis. Along with this, he said, "Due to the outbreak of Coronavirus, the growth rate in the current year can go down from 2.9 percent of the previous year."
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Simultaneously, the IMF Chief has termed the coronavirus (COVID-19) as a global problem. At the same time, he said, 'Now the coronavirus is no longer a regional issue, rather it has become a global problem. He also called for global steps to be taken to tackle this crisis. Georgieva said that the outbreak of the deadly coronavirus has affected confidence.
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He said that the steps being taken to prevent this virus are affecting the economic activities too. The IMF chief said that due to this problem, global growth in 2020 will come down from the level of the previous year. Thus, it is estimated that due to this deadly virus, global growth may suffer about half a percent. Global growth was 2.9 percent last year.
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