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Economic Forecast - IMF cuts economic outlook for Asia, as COVID-19 devastates growth, but China remains a bright spot
Asian economies will fall by 2.2% this year, largely because of sharper contractions in India, Philippines and Malaysia, the IMF said.
Our View: Maine’s economic forecast muddied by pandemic
Their forecast is used to develop Maine’s revenue forecast, which is used to build a balanced state budget. But while the economists can usually offer fairly accurate guesses about future jobs, home ...
Recession Deepens in North Macedonia as COVID-19 Pandemic Threatens Economic Outlook
The COVID-19 pandemic is hitting North Macedonia hard, with lockdowns, disrupted supply chains, and a prolonged, adverse epidemiological ...
IMF revises down 2020 Asian economy forecast to 2.2-pct contraction
The International Monetary Fund (IMF) on Wednesday revised down its 2020 forecast for the Asian economy to a contraction of 2.2 percent, calling it "the worst outcome for this region in living memory.
Coronavirus ‘economic scarring’ a near certainty for Asia-Pacific as IMF trims 2020 forecast
The economic recovery from the Covid-19 pandemic is likely to be sluggish in the Asia-Pacific region this year amid a possible resurgence of the disease and escalating US-China frictions, the ...
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