economic recession

COVID-19 to plunge South Asia into the worst recession

October 8, 2020
The FINANCIAL —  South Asia is set to plunge into its worst-ever recession as the devastating impacts of COVID-19 on the region’s economies linger on, taking a disproportionate toll on informal workers and pushing millions of South Asians into extreme poverty, says the World Bank in its twice-a-year-regional update. Released today, the latest South Asia Economic Focus Beaten or Broken? forecasts

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