Global growth this year would be much lower than 2019 level as the coronavirus, or COVID-19, spreads to several countries hurting economic activity, International Monetary Fund Managing Director Kristalina Georgieva said Wednesday.
"Under any scenario, global growth in 2020 will fall below last year's level," Georgieva said during a press briefing, where she was joined by World Bank Group President David Malpass.
"How far it will fall, and for how long, will depend on the coronavirus epidemic, but also on the quality, timeliness, and effectiveness of policy actions," she added.
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