IMFC warns of long-lasting scars on global economy from pandemic


WASHINGTON, Oct. 15 (Xinhua) -- The policy-setting body of the International Monetary Fund (IMF) on Thursday warned that the COVID-19 pandemic threatens to leave long-lasting scars on the global economy, pledging to use all available policy tools to restore growth.

"A tentative global economic recovery is underway, supported by extraordinary macroeconomic policy responses. But the recovery is partial, uneven, and marked by significant uncertainty, with the pandemic continuing to spread in places," the International Monetary and Financial Committee (IMFC) said in a communique after a meeting.

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