Global Economy Recovering, But May Be Losing Momentum: IMF Chief

Global Economy Recovering, But May Be Losing Momentum: IMF Chief
IMF Managing Director Kristalina Georgieva speaks during a conference hosted by the Vatican on economic solidarity, at the Vatican, on Feb. 5, 2020. Remo Casilli/Reuters
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The global economy is recovering from the depths of the coronavirus crisis, but there are signs of slowing momentum in countries with resurging infection rates, the International Monetary Fund said in a new report for G20 major economies.

The report, released ahead of this week’s virtual meetings of finance officials and leaders from the Group of 20 countries, underscored the uneven nature of the global recovery and warned the crisis would likely leave deep, unequal scars.