Coronavirus pandemic economic fallout ‘way worse than the global financial crisis,’ IMF chief says
Key Points - The coronavirus pandemic has created an economic crisis “like no other,” the top International Monetary Fund official said. - “Never in the history of the IMF have we witnessed the world economy come to a standstill,” said Kristalina Georgieva, managing director of the IMF. - “It is way worse than the global financial crisis” of 2008-09, Georgieva said during a World Health Organization news conference.