Economic impact of Covid-19 to last until at least 2021

Difficult to predict how control measures will impact economy, epidemiologist says

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Epidemiologists from Imperial College London believe the economic impacts of Covid-19 could last well into next year.

Neil Ferguson and Azra Ghani appeared alongside International Monetary Fund managing director Kristalina Georgieva as part of the fund’s virtual Spring Meetings.  

“The extent to which control measures are impacting economic activity in six months’ time is much harder to predict,” said Ferguson. “There will be economic impacts well into next year.”

The IMF has projected a

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