BUSINESS
How to achieve the best economic recovery from Covid-19? - Economo
BUSINESS

How to achieve the best economic recovery from Covid-19? - Economo

Published: July 5, 2020  |  5 min read, 1058 words
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The June update of the IMF’s global economic outlook is not an optimistic document. Still, it contains one positive point: the second quarter of 2020 should be the lowest point in the economic crisis because of Covid-19. If so, the challenge is to get the best possible recovery.The downgrade of the IMF forecasts from April is large, as the forecast for global growth for this year is minus 4.9%, compared to minus 3% in April. For the next year, growth is expected to be 5.4%. As a result, global GDP is expected to slightly exceed its level from 2019 to 2021. However, in the fourth quarter of... READ MORE
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