IMF confirms India’s GDP worst-hit among G20

A tweet put out by the IMF’s chief economist Gita Gopinath confirmed that the Indian economy saw the steepest contraction in the June quarter among G20 countries. China's economy is shown to have expanded by a robust 12.3% over the March quarter on a non-annualised basis, the UK is the most affected after India, with a GDP contraction of 20.4%. The US economy shrunk by 9.1%.



September 04, 2020 at 04:48AM