Economy IMF set to slash economic forecasts and warns of a crisis ‘unlike anything the world has seen’ Updated : June 17, 2020 07:25 AM IST Many countries have begun to lift lockdowns, but this has proven challenging. There have been over 8 million confirmed infections of the virus worldwide. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.