Kovid will cause worldwide recession; India, China seek relief from India UN | Coronavirus | Covid19 | Narendra Modi | India News | National News

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United Nations (UN), According to the UN Trade Report, there will be major economic hardship in developing countries other than India and China. The problem is aggravated in developing countries, where two-thirds of the global population resides.

These countries need a $ 2.5 trillion rescue package to recover from the crisis. Export-dependent countries will lose $ 2 trillion in revenue over the next two years, the report said. At a video conferencing summit, the leaders of the G20 have decided to spend $ 5 trillion on social, economic and financial issues.



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https://www.manoramanews.com/news/india/2020/03/31/covid-19-world-economy-will-go-into-recession-with-likely-exception-of-india-china-un-report.html

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