[CNA] Pandemic the biggest shock of the century to the global economy, says World Bank

The coronavirus pandemic is probably the biggest shock to the global economy in the last century, the World Central Bank's Fair Recovery Report concludes. As fiscal, monetary and economic stimulus programs are withdrawn, new policy challenges will emerge both domestically and internationally, it says. Therefore, early diagnosis of the economic effects of the crisis and decisive action to cure them are essential to sustain a just recovery.
(CNA)

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