IMF warns against premature withdrawal of emergency pandemic support; says 90 million people living on US$1.90 per day as poverty deepers

The International Monetary Fund is warning against the premature withdrawal of emergency stimulus that has propped up businesses and households. 

While the IMF thinks the global recession will be less severe than first thought, the fallout will be long lasting with poverty to rise for the first time in two decades. 

ABC's Peter Ryan says according to the IMF there are 90 million people in "extreme deprivation" living on US$1.90 a day.

I speak with Thomas Oriti on ABC NewsRadio and Sabra Lane on AM