“Aggregate assets of the Group of Ten (G10) central banks have increased by about $6 trillion since mid-January, more than double the increase seen during the two years of the global financial crisis from December 2007, with the rise in assets accounting for almost 15 percent of G10 GDP”, IMF GLOBAL FINANCIAL STABILITY UPDATE (June, 2020)


 Gita Gopinath
“Over 75 percent of countries are now reopening at the same time as the pandemic is intensifying in many emerging market and developing economies.”

“projections imply a cumulative loss to the global economy over two years (2020–21) of over $12 trillion from this crisis.” Read more

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