‘Worst crisis since Great Depression’: IMF boss gives blunt assessment of global economy

'Worst crisis since Great Depression': IMF boss gives blunt assessment of global economy

Kristalina Georgieva tell us this crisis is ‘truly global’. If you ask Kristalina Georgieva, the head of the International Monetary Fund , to assess the scale of the crisis facing the global economy, she doesn’t mince her words.

"It is the worst crisis since the Great Depression. But it is more than that because it is a combination of a health crisis and an economic shock. And it is truly global."

The IMF is the world’s lender of last resort. It has prepared its coffers by bolstering its support from the world’s richest economies and now has about $1 trillion dollars […]

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