Corona Shock: Excluding India and China Full Impact On Indian economy

In the event of health and financial turmoil .. the results will be worse The United Nations has warned that the global economy is set to...

In the event of health and financial turmoil .. the results will be worse


The United Nations has warned that the global economy is set to plunge into recession this year as the global economy is forecast to lose trillions of dollars due to the coronavirus pandemic. The threat posed by the two-thirds of the world's population is due to the unprecedented economic loss in developing countries. The United Nations Trade Development (UNCTAD) Conference estimates that a $ 2.5 trillion aid package is needed to help developing countries cope with the crisis.

news


The company has released a report titled 'Covid-19 Shock for Developing Countries'. The country's economies, which are largely dependent on exports of consumer goods, will need $ 2 to 3 trillion in foreign investment over the next two years to get back into the groove. The health crisis is expected to worsen in many developing countries. It predicts that in the event of a health crisis, these countries will get into more economic hardship. It is commented that the combination of the financial health crisis is very bad. So the health care system in those countries is looking for ways to strengthen services.

The world into economic depression - UN

Compared to the 2008 global financial crisis, pandemic  coronaUNCTAD says the economic shock will hit developing countries heavily. The global economy is expected to lose global revenues in trillions of dollars this year. It is said to be causing serious trouble for developing countries except China and India. UNCTAD Secretary-General Mukhiza Kitui said the ongoing economic downturn is difficult to predict, but there are clear indications that conditions are likely to worsen before emerging economies improve. The $ 2-3 trillion rescue package is to be allocated to developing countries over the next two years in the wake of this year's economic tsunami. China, along with developed countries, has poured huge funds into their economies to avoid recession, Recall that the G20 alliance also recently decided to pump 5 trillion Daughters into their economies. It sounds like an unusual response to an extraordinary crisis. “This year, the global economy is slipping into recession, losing millions of dollars. This is a very troubling topic for developing countries. However, the impact of the recession may not be on India and China.

Four Point Recovery Plan

This is a four point recovery plan. Financial allocations beyond the 2009 allocations should now be made in response to the global financial crisis. Weak financial institutions need to invest more than a trillion dollars. As a second step, Germany must abolish loans to economies of pressure for countries under pressure, such as the abolition of half of Germany's debt after World War II. Or should be significantly reduced. The third step is to provide $ 500 billion for emergency health services and related social assistance programs in poor countries. Finally, it calls for the countries to implement controls to reduce the already increasing capital inflow from these developing countries.

COMMENTS

Name

118 telugu movie,1,Adithya Varma,1,advanced insurance plans,1,afcat 2019,1,agriculture insurance,1,airtel,1,alagappa university result Alagappa University,1,Anna univeristy,3,anna univeristy news,2,anna univeristy results,2,Anna univeristy transcripts,1,anna university,5,anna university student login,1,Antariksham 9000 kmph,1,Ashwaththama Telugu movie Leaked Online,1,Atal Bhujal Yojana,1,auto,4,bank holidays,1,bank loans,1,Banking,12,bigg boss kannada,1,budget,1,business,41,car insurance documents,1,car theft insurance,1,cbse exam result date,1,china,1,choosing health insurance,1,coronavirus,1,cyber defense insurance,1,cyclone,1,Dhillukku dhuddu 2,1,education,29,entertainment,4,Entrepreneurship,1,facebook,1,farmers got cheated,1,February 8,1,financial plans,1,financial support,1,Get Latest Telugu movies: Watch Online Telugu movies 2019,1,Getmyuni,1,global health insurance,1,google,1,google cloud vps,1,government farmers insurance,1,government insurance loss,1,government jobs,1,Group D result,1,hall ticket,1,Happy Diwali Naraka Chaturdashi Images,1,health,23,health insurance,2,Health insurance certified plans,1,Health insurance floater plan,1,health insurance online,1,health insurance payment,1,health insurance schemes,1,Himansh Verma,1,hit movie,1,honda amaze,1,hot bf sexy video,1,hot dance video,1,HSSC Recruitment 2020,1,https://www.nabard.org/careers-notices.aspx,1,idea,1,idra,1,insurance,4,insurance advice,1,insurance clams,1,Insurance Companies Cheated,1,insurance loss,1,insurance news,3,insurance premium,1,insurance safety,1,irda insurance,2,isro recruitmnet,1,jaanu,1,JIPMER 2019 registration,1,jobs,4,kanulu kanulu dochayante,1,kgf,1,kgf movie rating,1,Kumbalangi Nights,1,last date,1,lic insurance,1,life insurance,1,Luka Chuppi,1,maari 2,1,Madhyamik Result,1,Maha Shivratri,1,malayalam movie,1,mari 2,1,mobile insurance,1,movie news,1,movie review,1,movie reviews,4,movierulz,1,msbte exam form,1,msbte project competation 2020,1,msbte result,1,Navratri Diet,1,new health insurance,1,New insurance policy,1,New rules,1,NEWS,139,nnc,22,nnc1,8,nnc2,6,nokia 9,1,Om prakash singlaFraud caseonline cheatinginsurance fraud,1,oppo k1,1,Oru Adaar Love Malayalam movie,1,Padi Padi Leche Manasu,1,panga movie download,1,panga movie review,1,panga movie wiki,1,petta,1,phethai,1,Photos,1,pongal,4,premium insurance loss,1,Propose Day,1,railway group d result,1,railway group d result 2019,1,review,1,RRB Group D,1,RRB Group D Result,1,RRB Group D Result 2018,1,rrb group d result 2019,1,RRB Result,1,Sarileru Neekevvaru,1,sbi,1,sci-tech,10,Shaunak Chakraborty,1,Sonu Nigam,1,spicejet free tickets,1,sports,28,ssc je,1,Status Quotes Online,1,stock market,1,stockmarket,1,student travel insurance,1,tamil movie,1,tamil mv,1,tamil rockers,1,tamilrockers,27,Tamilrockers 2019,1,tamilrockers new movies,1,TATA Motors,1,tax news,1,tech,11,technology,9,telugu movies,1,torrentz,1,torrentz2,2,travel insurance,1,vodaphone,1,Weather in Delhi,1,wedding ceremony insurance,1,West Bengal Police constable recruitment,1,What The Love,1,whatsapp,1,WhatsApp wishes,1,World Famous Lover,1,
ltr
item
Today's Latest news, Know What's happening in India- with Timesnowindia.com: Corona Shock: Excluding India and China Full Impact On Indian economy
Corona Shock: Excluding India and China Full Impact On Indian economy
https://1.bp.blogspot.com/-PVc5GfHGUr0/XoQ9u_Log-I/AAAAAAAAB-I/-XiipI1QA94CkG6C5nzJ0_04AS6Anp0qgCLcBGAsYHQ/s1600/58e779b0da2bbe95e06129fe9c4618b0.jpg
https://1.bp.blogspot.com/-PVc5GfHGUr0/XoQ9u_Log-I/AAAAAAAAB-I/-XiipI1QA94CkG6C5nzJ0_04AS6Anp0qgCLcBGAsYHQ/s72-c/58e779b0da2bbe95e06129fe9c4618b0.jpg
Today's Latest news, Know What's happening in India- with Timesnowindia.com
https://www.timesnowindia.com/2020/04/corona-shock-excluding-india-and-china.html
https://www.timesnowindia.com/
https://www.timesnowindia.com/
https://www.timesnowindia.com/2020/04/corona-shock-excluding-india-and-china.html
true
8987838410415587929
UTF-8
Loaded All Posts Not found any posts VIEW ALL Readmore Reply Cancel reply Delete By Home PAGES POSTS View All RECOMMENDED FOR YOU LABEL ARCHIVE SEARCH ALL POSTS Not found any post match with your request Back Home Sunday Monday Tuesday Wednesday Thursday Friday Saturday Sun Mon Tue Wed Thu Fri Sat January February March April May June July August September October November December Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec just now 1 minute ago $$1$$ minutes ago 1 hour ago $$1$$ hours ago Yesterday $$1$$ days ago $$1$$ weeks ago more than 5 weeks ago Followers Follow THIS CONTENT IS PREMIUM Please share to unlock Copy All Code Select All Code All codes were copied to your clipboard Can not copy the codes / texts, please press [CTRL]+[C] (or CMD+C with Mac) to copy