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  • The International Monetary Fund on Tuesday forecast that the recession-wracked British economy will shrink by almost ten percent this year on the coronavirus fallout. A contraction in gross domestic product of 9.8 percent would however be an improvement on the previous IMF forecast of 10.2 percent, the Fund added. ved-rfj/bcp/bmm
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  • UK economy to slump 9.8% this year on virus: IMF
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