Pandemic 'humanity's darkest hour': IMF

By Andrea Shalal and Stephanie Nebehay
Updated April 4 2020 - 11:23am, first published 11:19am
The IMF's Kristalina Georgieva says the downturn is far worse than the global financial crisis.
The IMF's Kristalina Georgieva says the downturn is far worse than the global financial crisis.

The coronavirus pandemic has brought the global economy to a standstill and plunged the world into a recession that will be "way worse" than the global financial crisis a decade ago, the head of the International Monetary Fund has said, calling it "humanity's darkest hour".

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