<span style="color: #222222;">The International Monetary Fund Chief Kristalina Georgieva has warned and said that the current crisis posed daunting challenges for policymakers in many emerging markets and developing economies.</span><br />'' <span style="color: #222222;"> </span><br />'' <span style="color: #222222;">Addressing the Development Committee Meeting during the annual Spring Meeting of the International Monetary Fund and the World Bank, the IMF Managing Director said, a large global contraction in the first half of this year was inevitable. </span><br />'' <br />'' <span style="color: #222222;">She said, the Coronavirus pandemic hit the world economy when it was already in a fragile state as it was weighed down by trade disputes, policy uncertainty and geopolitical tensions.</span><br />''  <br />