While the hit to the global economy from the Covid-19 crisis may not be as severe as initially feared, the recovery will be "long, uneven and uncertain", with close to 90-million people falling into extreme poverty, the IMF said on Tuesday.

Emerging economies will be hit harder than their industrialised counterparts, reversing gains made since the 1990s in reducing poverty and inequality, the Washington-based institution, whose annual meetings started this week, said in its latest World Economic Outlook.

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