World economy facing bigger economic crisis than the 2008-09 one - says the IMF chief.

Due to the Corona Virus Disease the world has already lost 1,00,000 human lives. In addition to this, the Corona Virus Disease has put the world in a very big economic crisis since the entire industrial, commercial and agricultural activities have come to a standstill. The economic crisis created by Corona Virus is deeper than the world economic crisis witnessed in 2008-09, says IMF Chief, Kristalina Georgieva. She has stated that the world has entered a recession and that, the world emerging countries need an aid of $2.5 trillion. She has also stated that due to the Corona Virus Disease $83 billion has vanished from the stock markets in the recent weeks.