MUNICH — The International Monetary Fund hopes governments and central banks will work on a response to the coronavirus outbreak once the economic impact becomes clear, IMF Managing Director Kristalina Georgieva said on Friday. Speaking at the Munich Security Conference, Georgieva said the next few weeks would be crucial to build up a "bottom-up" picture of the impact of the virus in China and worldwide. "So then we can agree on synchronized, or even better, coordinated measures to protect the world economy from a more serious shock," Georgieva told delegates. Are we going to do it? The coronavirus outbreak has killed more than 1,100 people and infected more than 44,000 in China after it first emerged in Wuhan, Hubei province, late last year.
Source: International New York Times February 14, 2020 18:11 UTC