IMF estimates global Covid cost at $28tn in lost output

The International Monetary Fund has scaled back its estimate of the hit to the global economy from Covid-19 this year but warned that the final bill for the pandemic would total $28tn (£21.5tn) in lost output.

Read original contents: https://www.theguardian.com/business/2020/oct/13/imf-covid-cost-world-economic-outlook

Source: The Guardian, Oct 2020