BusinessBusiness.PortalEconomy

World Bank: Economies could shrink 4.4 pct due to COVID-19 pandemic

Emerging and developing economies in the Europe and Central Asia region are on course to contract by 4.4 percent this year, the worst recession since the global financial crisis of 2008, says the latest edition of the World Bank’s Economic Update for Europe and Central Asia, released on Wednesday.

Back to top button
Close
Close