US, China must continue coronavirus stimulus to help recovery from ‘crisis like no other’, IMF’s Georgieva says

The United States and China needed to keep up strong stimulus to help speed the global economy’s recovery from the novel coronavirus pandemic, International Monetary Fund (IMF) managing director Kristalina Georgieva said on Thursday.A faster recovery also depends on strong cooperation to develop and distribute Covid-19 vaccines evenly worldwide, but could add nearly US$9 trillion to global income by 2025, Georgieva told a news conference after an IMF steering committee meeting.“This is a crisis…

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