The world economy will contract by 5.2% in 2020

Washington | The global economy will contract 5.2% this year, said on Monday the world Bank, who pointed out that the pandemic COVID-19 had an impact “rapid and massive” in spite of the financial aid without precedent.

It is “the deepest recession since the Second world War and the number of countries will be in recession this year in fact the worst crisis in the last 150 years, is the institution, according to which 70 to 100 million people could fall into extreme poverty.

More details to come…

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