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Economic Growth Prospects of G20 Countries Decreased
International credit rating agency Moody's lowered the G20's economic growth prospects due to concerns about the rapidly growing coronavirus
Yazar: Zack Smith
Yayınlanma: 12 Mart 2020 00:14
Güncellenme: 5 Kasım 2024 16:04
Economic Growth Prospects of G20 Countries Decreased
International credit rating agency Moody's lowered the G20's economic growth prospects due to concerns about the rapidly growing coronavirus outbreak worldwide. The report, presented before the current developments in oil prices, stated that the events related to coronavirus will affect the economic growth of many countries. It was stated in the content of the report that the risks and anxiety in the economy around the world are increasing. The importance of these effects can be largely overcome with the fiscal policy and monetary policies to be implemented. Moody's dropped the 2020 growth expectation for G20 economies from 2.4% to 2.1%. The 2021 growth forecast was 2.8%. Moody's dropped the 2020 growth expectation for G20 economies from 2.4% to 2.1%. The 2021 growth forecast was 2.8%.İLGİLİ HABERLER
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