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April 30, 2020

GDP of majority of the economies to be below pre-Covid-19 levels for two to three years

By Paul Dennis

The economic impact of the Covid-19 pandemic is expected to last more than three years for majority of the countries affected.

GDP levels are likely to fall to new record low levels and majority of the global workforce is expected to face unemployment.

More than 430 million businesses in sectors such as retail and manufacturing are expected to face serious disruption.

 

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