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COVID-19: World economy will go into recession with likely exception of India, China, says UNCTAD report

Updated : March 31, 2020 04:00 PM IST

UNCTAD said that in recent days, advanced economies and China have put together massive government packages which, according to the Group of 20 leading economies (G20), will extend a $5 trillion lifeline to their economies.
In the face of a looming financial tsunami this year, the UNCTAD proposes a four-pronged strategy that could begin to translate expressions of international solidarity into concrete action.
COVID-19: World economy will go into recession with likely exception of India, China, says UNCTAD report

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