Coronavirus: Economies across the globe will be downgraded, says IMF

The world must brace itself for a slew of economic downgrades as the International Monetary Fund prepares its latest round of forecasts, the managing director has told Sky News.

In an exclusive interview, Kristalina Georgieva said that the IMF would downgrade its outlook for “the majority” of countries, though a small handful of nations, including Germany, were doing better than it originally expected.

The managing director was talking to former Chancellor Sajid Javid and Sky economics editor Ed Conway, who are co-hosting a new Sky News podcast called The World Tomorrow.

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