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.