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COVID-19 sinks global economy in 2020, collapsing GDP 4.9%: IMF

COVID-19 sinks global economy in 2020, collapsing GDP 4.9%: IMF

The International Monetary Fund (IMF) on Wednesday revised down its forecast for the global economy amid mounting COVID-19 fallout, projecting a 4.9-percent contraction in 2020.
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