Geeta Gopinath: New Corona variant will be disastrous for global economies

Geeta Gopinath, who recently took over as the Deputy Managing Director (First) of the International Monetary Fund (IMF), has termed the new variant of the Gopinath Corona virus, Omi Crown, as a catastrophe for the global economy and said There may be damage.

Geeta Gopinath has said that a new wave of epidemics is threatening to increase the current pressure on the global economy from the persistently high levels of inflation. Omi kroon could cost global economies 5. 5.3 billion, in addition to the 12.5 trillion global damage caused by the corona virus.

Also read

“Free Kashmir” Banner Waved from Plane During ManU Football Match

Taliban Bans Forced Marriage of Women in Afghanistan

He said only a week ago there were reports of the new strain of corona virus in South Africa and Hong Kong, but the UN World Health Organization has confirmed the new variant in 57 more countries.

He warned that global inflationary pressures were mounting and the central bank could not keep interest rates low.

It may be recalled that Geeta Gopinath, an Indian national, has been appointed as the Deputy Managing Director (First) of the International Monetary Fund (IMF). Geeta Gopinath is currently serving as the IMF’s chief economist. She was due to return to teach at Harvard University in January 2022, but has now joined the IMF as Deputy.