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View all search resultsThe government estimates that up to 3.78 million Indonesians will fall into poverty and 5.2 million lose their jobs during the coronavirus pandemic, while the International Monetary Fund (IMF) projects the worst global recession since the Great Depression.
With emerging markets and developing nations facing health emergencies, collapsing demand and cash crunches, the guardians of the global economy are under the gun to ease the strains at this week’s video-conferenced meetings of the International Monetary Fund and World Bank.