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IMF head: Dire economic forecasts may be too optimistic

The head of the IMF says predictions of huge economic declines may be understatements.

The head of the IMF says predictions of huge economic declines may be understatements. Kristalina Georgieva has been speaking to the Βι¶ΉΤΌΕΔ's Faisal Islam. Also in the programme, we consider a range of scenarios aimed at helping poorer countries manage their burgeoning government debt in the midst of the coronavirus crisis, with Sarah-Jayne Clifton of the Jubilee Debt Campaign, and Mark Perera of the European Network on Debt and Development. One country that has been a bright spot with respect to coronavirus is Vietnam, with fewer than three hundred confirmed cases, and zero deaths. Lien Huang reports for Bloomberg Law in Ho Chi Minh City, and explains why the country has performed so well. Plus we find out from Chris Bingham of Binghams micro-brewery west of London, how he's adapted his business to survive the closure of pubs and restaurants in the UK.

(Picture: Kristalina Georgieva. Picture credit: Getty Images.)

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27 minutes

Last on

Fri 17 Apr 2020 21:32GMT

Broadcast

  • Fri 17 Apr 2020 21:32GMT