April 20, 2020 / 1:00 PM / a month ago

IMF's Georgieva says coronavirus crisis is worst since Great Depression

FILE PHOTO: IMF Managing Director Kristalina Georgieva speaks during a conference hosted by the Vatican on economic solidarity, at the Vatican, February 5, 2020. REUTERS/Remo Casilli

SOFIA (Reuters) - The crisis sparked by the spread of the novel coronavirus is the worst since the Great Depression, IMF Managing Director Kristalina Georgieva said on Monday.

The fallout from the virus will mean that 170 countries will have negative economic growth this year, she told a videoconference press briefing for the Bulgarian media.

Reporting by Tsvetelia Tsolova; Writing by Jan Lopatka; Editing by Toby Chopra

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