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Al Jazeera
Al Jazeera
Health
Florence Looi

Asia Pacific countries react: IMF warn of economic depression

Asia Pacific countries react: IMF warn of economic depression

Countries in the Asia Pacific region are responding to a dire economic forecast by the International Monetary Fund.

The Japanese government is considering whether to extend a cash handout to all households to cushion the economic fallout.

And ministers in New Zealand will take a 20 percent pay cut for the next six months.

Al Jazeera's Florence Looi reports.

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