IMF, G20 warn recovery may be derailed, risks still exceptionally high ...Qatar

Gulf Times - News
IMF, G20 warn recovery may be derailed, risks still exceptionally high
source : Gulf Times ( Qatar ) () 21
Leaders of the global economy are warning that the recovery from this year’s recession is at risk and could be derailed as the resurgence of Covid-19 forces fresh restrictions on households and companies. Both the International Monetary Fund and the Group of 20 – which comprises the world’s richest nations – sounded the alert as leaders of the G20 prepare for a virtual summit this weekend. The IMF noted progress on a vaccine, but also said elevated asset prices point to a disconnect from the real economy and a potential threat to financial stability. “While global economic activity has picked up since June, there are signs that the recovery may be losing momentum, and the crisis is likely t

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