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International Monetary: It appears that we have entered an economic downturn

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  2. International Monetary: It appears that we have entered an economic downturn

28 Mar 2020

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International Monetary: It appears that we have entered an economic downturn

The International Monetary Fund Director, Kristalina Georgieva, said in a press statement today, Friday, that the global economy appears to be entering the stage of economic downturn after the outbreak of the global Corona virus and its negative impact on global growth.
She added that emerging markets need more than $ 2.5 trillion to overcome the current crisis.
The international official indicated that the economic recession in the United States is now clear.
It should be noted that the Director of the International Monetary Fund, Kristia Georgieva, stated earlier that the new Corona virus may cause a global economic recession this year, which may be worse than what happened during the global financial crisis in 2008.

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Technical Economic Consulting Company was established in 2012, it was established by a team of investment professionals to become one of the leading investment companies to provide the best management consulting services to local international companies and institutions. Since its inception, the company has continuously expanded to become one of the largest leading consulting firms in the region through its branches located in the Arab world as well as representative offices in Europe.

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