Gita Gopinath, the IMF’s economic counsellor, Projects Global Depression Predicted Due To Covid-19 Infection

News outlets, media and business groups drawing consensus around IMF depression forecasts.

Even if the pandemic simply recedes in the latter half of the year, this is still a downgrade that projects a depression under the best case scenario for the containment of the actual virus. This is the view being shared by the IMF’s top economist