International Monetary Fund

FILED – 19 March 2020, Hessen, Frankfurt_Main: Water droplets slide down the glass covering the euro symbol at the south entrance to the headquarters of the European Central Bank (ECB). The global economy will contract 3 per cent this year due to the new coronavirus and shutdowns as part of efforts to mitigate the spread, the International Monetary Fund (IMF) said Tuesday in its updated World Economic Outlook. Photo: Frank Rumpenhorst/dpa