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IMF declares that World is now in “Recession”

Mahesh Kumar March 31st, 2020 01:17 pm Leave a comment

The International Monetary Fund (IMF) has announced that the world has clearly entered a recession due to the coronavirus pandemic. It has emphasized that the current recession is even worse than that of 2009. The statements about the world economy were made after the meeting of governing body of the IMF, the International Monetary and Financial Committee.

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The International Monetary Fund has also projected a recovery in the next financial year i.e. 2021. The recovery from the recession will be possible if the international community contains the virus everywhere successfully and prevent the liquidity problems from becoming a solvency issue.

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Managing Director of IMF: Kristalina Georgieva.

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Mahesh Kumar

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Working as an SEO Manager at Adda247, I bring over 10 years of experience in Search Engine Optimization (SEO) and digital marketing. I specialize in driving organic growth through data-driven strategies, including keyword research, on-page SEO, off-page optimization, and technical SEO. My area of expertise in the EdTech sector, specifically focusing on competitive exams such as Bank, SSC, Railway, UPSC, and various State Government job examinations.