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At the annual meetings, the governors of the World Bank and IMF also meet in plenary sessions. Until the 2008 financial crisis, both the spring and annual meetings were preceded by meetings of the G7 finance ministers. Amid an unfolding global financial crisis, for the first time the 2008 annual meetings included a meeting of G20 finance ...
Talk of a recession is growing as coronavirus spreads in the U.S. But the "coronavirus recession" will be nothing like 2008.
In late 2019, the IMF estimated global growth in 2020 to reach 3.4%, but due to the coronavirus, in November 2020, it expected the global economy to shrink by 4.4%. [72] [73] In March 2020, Kristalina Georgieva announced that the IMF stood ready to mobilize $1 trillion as its response to the COVID-19 pandemic. [74]
The IMF's definitive data for the past year and estimates for the current year are published twice a year in April and October. Non-sovereign entities (the world, continents, and some dependent territories) and states with limited international recognition (such as Kosovo and Taiwan) are included in the list where they appear in the sources.
The WHO warned of a potential "second wave" of COVID-19 infections in an update to its strategic advice to governments, as some European countries began to relax lockdown measures. [70] On 19 April, the Director-General of the WHO urged the G20 leading global economies to plan to ease lockdowns against COVID-19 only as part of "a phased process ...
Ukraine is sending top officials to Washington for next week’s spring meetings of the International Monetary Fund and the World Bank, where discussion will focus on the Russian invasion and its ...
The International Monetary Fund will allow Argentina to defer the last review of its $44 billion loan by two months, giving the government more time to apply reforms and potentially negotiate a ...
The COVID-19 pandemic was a pandemic of Coronavirus disease 2019 (COVID-19) caused by severe acute respiratory syndrome coronavirus 2 (SARS-CoV-2); the outbreak was identified in Wuhan, China, in December 2019, declared to be a Public Health Emergency of International Concern from 30 January 2020 to 5 May 2023, and recognized as a pandemic by ...