Washington virus economy infection Coronavirus Washington

Europe, Asia risk coronavirus relapse if lockdowns eased too soon: IMF

Reading now: 692
www.livemint.com

WASHINGTON : Asia and Europe risk a coronavirus relapse if they reopen their economies too early and before wide-reaching measures are in place to quickly identify and contain new infections, IMF senior economists said in a blog published on Tuesday.

The lockdowns and other restrictions have imposed a significant economic and psychological cost on citizens, and it was understandable that countries wanted to move swiftly to roll back these measures, the authors wrote.

But moving too quickly could put the gains made in halting the spread of covid-19, the respiratory disease caused by the virus, at stake and trigger new human and economic costs, wrote Chang Yong Rhee, director of the International Monetary Fund's Asia and Pacific department,

Read more on livemint.com
The website covid-19.rehab is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News

DMCA