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KIEV (Reuters) - President Volodymyr Zelenskiy is the first Ukrainian leader in history to command a single party majority in parliament but its strength will be tested next week as he urges lawmakers to pass reform bills needed to unlock a $8 billion aid package.
WASHINGTON (Reuters) - Pakistan has requested an emergency loan disbursement from the International Monetary Fund to help fight the coronavirus under the fund's Rapid Financing Instrument program, IMF Managing Director Kristalina Georgieva said on Friday.
NEW DELHI/MUMBAI (Reuters) - India's central bank slashed interest rates in an emergency move on Friday to counter the economic fallout from the coronavirus pandemic after the federal government locked down the country in order to slow the spread of infections across the region.
NEW DELHI (Reuters) - Three more people infected with coronavirus died overnight in India as the government sought on Thursday to improve basic services to 1.3 billion people locked indoors to slow the spread of the disease.
RIYADH/WASHINGTON (Reuters) - Leaders of the Group of 20 major economies pledged on Thursday to inject over $5 trillion (£4.1 trillion) into the global economy to limit job and income losses from the coronavirus and "do whatever it takes to overcome the pandemic."
RIYADH (Reuters) - Leaders from the Group of 20 major economies will convene a video conference on Thursday to discuss the coronavirus epidemic, multiple sources told Reuters, amid criticism that the group has been slow to respond to the global crisis.
WASHINGTON (Reuters): The coronavirus pandemic will cause a global recession in 2020 that could be worse than the one triggered by the global financial crisis of 2008-2009, but world economic output should recover in 2021, the International Monetary Fund said on Monday (March 23).
WASHINGTON (China Daily/ANN): One of the key lessons from China's experience so far during the Covid-19 outbreak is that it is important for macroeconomic policy to focus on mitigating the economic impact of the outbreak and supporting economic recovery, said an International Monetary Fund (IMF) official.
BRUSSELS (Reuters) - The European Union will send 20 million euros in humanitarian aid to Iran, which is subject to U.S. sanctions, to help alleviate the coronavirus, and will also support Tehran's request for IMF financial help, the EU's top diplomat said.
SEOUL: The global economy is expected to show a U-shaped recovery for the next two years as the Covid-19 outbreak may drive the world economy into a slowdown this year before bouncing back next year, South Korean Deputy Prime Minister for economic affairs Hong Nam-ki said on Friday (March 20).