World Bank/IMF: Committee says COVID-19 pandemic causing economic shock, others
World Bank/IMF: Committee says COVID-19 pandemic causing economic shock, others On BY Peter Egwuatu The Development Committee of World Bank Group , WBG and International Monetary Fund, IMF on Friday said that the coronavirus, COVID-19 pandemic has caused an unprecedented public health, economic, and social crisis, threatening the lives and livelihoods of millions. The Committee stated this at the ongoing World Bank /IMF 2021 virtual Spring Meeting. According to a communiqué from the Committee: “The economic shock is increasing poverty, worsening inequalities, and reversing development g...