Global EditionASIA 中文雙語Fran?ais
    World
    Home / World / Newsmakers

    IMF projects negative per capita income growth in over 170 countries in 2020

    Xinhua | Updated: 2020-04-09 22:31
    Share
    Share - WeChat
    The International Monetary Fund (IMF) headquarters building is seen ahead of the IMF/World Bank spring meetings in Washington, US, April 8, 2019. [Photo/Agencies]

    WASHINGTON - The International Monetary Fund (IMF) Managing Director Kristalina Georgieva said Thursday that the multilateral lender now projects that over 170 countries will experience negative per capita income growth this year.

    In her curtain raiser speech ahead of the Spring Meetings next week, the IMF chief said in a video that countries across the globe "are confronted with a crisis like no other."

    "COVID-19 has disrupted our social and economic order at lightning speed and on a scale that we have not seen in living memory," Georgieva said.

    The IMF managing director said it is already clear that global growth will turn "sharply negative" in 2020. "In fact, we anticipate the worst economic fallout since the Great Depression," she noted.

    Georgieva said just three months ago that the IMF expected positive per capita income growth in over 160 of its member countries in 2020, but it now projects that over 170 countries will experience negative per capita income growth this year.

    IMF Managing Director Kristalina Georgieva speaks during a conference hosted by the Vatican on economic solidarity, at the Vatican, February 5, 2020. [Photo/Agencies]

    "The bleak outlook applies to advanced and developing economies alike. This crisis knows no boundaries. Everybody hurts," she said.

    Georgieva, however, noted that the crisis is expected to hit vulnerable countries hardest. "Emerging markets and low-income nations -- across Africa, Latin America, and much of Asia -- are at high risk," she said.

    In the last two months, portfolio outflows from emerging markets were about 100 billion U.S. dollars, more than three times larger than for the same period of the global financial crisis, she noted.

    Noting that the IMF estimates the gross external financing needs for emerging market and developing countries to be in the trillions of dollars, the IMF chief said "they urgently need help."

    Most Viewed in 24 Hours
    Top
    BACK TO THE TOP
    English
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    久久无码人妻一区二区三区| 欧美日韩中文国产va另类| 久久精品中文字幕有码| 69天堂人成无码麻豆免费视频 | 亚洲AV中文无码乱人伦在线观看| 久久精品中文无码资源站| 高清无码在线视频| 亚洲AV综合色区无码一区| 一级片无码中文字幕乱伦 | 色欲狠狠躁天天躁无码中文字幕| 无码精品视频一区二区三区| 最近中文字幕免费完整| 最近中文字幕大全免费版在线| 国产Av激情久久无码天堂| 一本色道无码道DVD在线观看| 中文字幕亚洲色图| 日韩欧群交P片内射中文| 亚洲国产综合精品中文第一| 无码8090精品久久一区| 国精品无码一区二区三区在线| 亚洲AV无码片一区二区三区| 亚洲自偷自偷偷色无码中文 | 免费无码黄网站在线看| 中文字幕在线免费观看| 波多野结衣中文字幕久久| 中文字幕无码精品三级在线电影| 亚洲AV无码之日韩精品| 免费a级毛片无码免费视频120软件| 久久久久久人妻无码| 精品欧洲AV无码一区二区男男| 无码人妻少妇久久中文字幕蜜桃| 亚洲AV无码一区二区二三区软件| 亚洲人成无码网站在线观看 | 人妻少妇乱子伦无码视频专区| 无码人妻少妇久久中文字幕蜜桃| 无码性午夜视频在线观看| 无码精品人妻一区二区三区免费看| 无码人妻熟妇AV又粗又大| 国内精品人妻无码久久久影院| 日韩AV无码不卡网站| 中文精品无码中文字幕无码专区 |