IMF claims corona virus to drop GDP growth rate
IMF claims corona virus to drop GDP growth rate

New Delhi: The International Monetary Fund (IMF) has said that the world economy will slow down due to the epidemic of coronavirus. The IMF has said that this may cause a decline in the growth rate of global GDP from 0.1 to 0.2 percent. IMF managing director Kristina Georgieva said that the coronavirus epidemic this year could hurt global economic growth, but could see a rapid economic recovery after that.

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The Managing Director of the IMF has told in the 'Global Women's Forum' in Dubai on Sunday that the growth rate of the global economy may decline, we estimate that this decline will be around 0.1-0.2 percent. ' It is noteworthy that the rating agency Moody's Investors Service has lowered the GDP growth estimates for India and China for the year 2020.

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Moody's said that the slowdown in the international economy due to the havoc of the Novel Corona virus may reduce India's GDP growth. He has said that any type of economic reform in India should be considered less than expected.

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