IMF revises down 2020 Asian economy forecast to 2.2% contraction


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People wearing face masks walk on the street in Tokyo, Japan, on Sept 2, 2020. [Photo/Xinhua] WASHINGTON - The International Monetary Fund (IMF) on Wednesday revised down its 2020 forecast for the Asian economy to a contraction of 2.2 percent, the worst outcome for this region in living memory.