IMF’s Georgieva: Economic Outlook Remains Difficult And Prone to Setbacks

Recent data shows slowing momentum in contact-intensive services industries in economies where the pandemic is resurging, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said on Thursday, as reported by Reuters.

“Recent data confirms continuing global recovery from the COVID-19 crisis but economic outlook remains difficult and prone to setbacks.”

“Seeing signs that global economic recovery may be losing momentum; poverty, inequality worsening.”