The IMF says its forecast for the COVID-19 recession might now be too optimistic

Apr 18, 2020

IMFÂ Managing Director Kristalina GeorgievaÂ speaks at a news conference ahead of the World Economic Forum (WEF) in Davos, Switzerland January 20, 2020. REUTERS/Denis Balibouse - RC2PJE9CFEVD

The IMF saw a far more optimistic scenario as recently as January. Image: REUTERS/Denis Balibouse

Ben Winck

Markets Insider Junior Reporter, Business Insider

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The organization has pledged to use its $1 trillion lending capacity to aid nations. Image: International Monetary Fund

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