Pandemic to slash $22 trillion off global GDP 2020-25: IMF

A man enters GOL Airlines check-in area at Guarulhos International Airport amid the outbreak of the coronavirus disease (COVID-19), in Guarulhos, near Sao Paulo, Brazil, on 19 May 2020
Reuters

The global economy is expected to see a strong rebound this year but the coronavirus crisis is causing severe damage, IMF chief economist Gita Gopinath said Tuesday.

"Now at $22 trillion, the projected cumulative output loss over 2020 to 2025, relative to the pre-pandemic projected levels remains substantial," Gopinath told reporters.