World GDP Expected to Drop 4.4% in 2020 and Rise 5.1% in 2021

The International Monetary Fund (IMF) reports the World GDP will fall 4.4% by the end of the year, less than previously expected.

This is heavily credited to the USA spending $3 trillion in economic stimulus programs, with an economy expected to contract by 4.3%.

China expects their economy to grow by 1.9%, Britain anticipates a 9.8% fall, while countries like India and Spain are projected to contract by double digit numbers.