Pandemic Has Taken More Money From Emerging Economies Than 2008 Crisis

IMF Managing Director Kristalina Georgieva alerts to critical times and to the need for unity among countries.

RIO DE JANEIRO, BRAZIL - The new coronavirus pandemic is having a worse impact on emerging countries than the 2008 global financial crisis. According to the International Monetary Fund's (IMF) Director-General Kristalina Georgieva, almost US$90 billion (R$450 billion) has already been withdrawn from emerging markets during the pandemic.

"Never in the . . .

To read the full NEWS and much more, Subscribe to our Premium Membership Plan. Already Subscribed?