日韩精品久久一区二区三区_亚洲色图p_亚洲综合在线最大成人_国产中出在线观看_日韩免费_亚洲综合在线一区

Global EditionASIA 中文雙語Fran?ais
Business
Home / Business / Policies

World Bank predicts economic slowdown amid outbreak

By Chen Jia | chinadaily.com.cn | Updated: 2020-03-31 10:44
Share
Share - WeChat
A participant stands near a logo of World Bank at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, Oct 12, 2018. [Photo/Agencies]

The World Bank forecasted slower economic growth in the East Asia and Pacific region hit by the novel coronavirus, in face of the prospect of a global financial shock and recession, according to a report released on Tuesday.

China's economic growth is projected to decline to 2.3 percent in the baseline scenario, and 0.1 percent in the lower case scenario in 2020, down from 6.1 percent in 2019, according to the World Bank's updated economic report for the East Asia and Pacific region.

Growth in the region is projected to slow to 2.1 percent in the baseline forecast, and to negative 0.5 percent in the lower case scenario this year, from an estimated 5.8 percent in 2019. Containment of the epidemic would allow for sustained recovery in the region, although risks to the outlook from financial market stress would remain high, the report showed.

The World Bank called on developing countries in the East Asia and Pacific region to take action immediately, including urgent investments in healthcare capacity and targeted fiscal measures, to mitigate some of the impact of the outbreak.

The report also called for international cooperation and new cross-border public-private partnerships to ramp up production and supply of key medical supplies and services in the face of the pandemic, and ensure financial stability in the aftermath.

Trade policy should stay open so medical and other supplies are available to all countries, as well as facilitate the region's rapid economic recovery, it said.

"Countries in East Asia and the Pacific that were already coping with international trade tensions and the repercussions of the spread of COVID-19 in China are now faced with a global shock," said Victoria Kwakwa, Vice President for East Asia and the Pacific at the World Bank.

"The good news is that the region has strengths it can tap, but countries will have to act fast and at a scale not previously imagined," said Kwakwa.

Another policy recommendation is easing credit to help households smooth their consumption and help firms survive the immediate shock, the report said.

The World Bank Group is rolling out a $14 billion fast-track package to strengthen COVID-19 response in developing countries and shorten recovery time. The immediate response includes financing, policy advice and technical assistance to help countries cope with health and economic impacts of the outbreak.

Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
CLOSE
 
主站蜘蛛池模板: 欧美精品一区二区在线电影 | 国产精品99久久 | 欧美一区二区三区成人精品 | 92香蕉视频 | 国产色| 久久国产乱子免费精品 | 一级做a爰片性色毛片中国 日本黄色免费片 | 精品欧美小视频在线观看 | 国产精品夜夜春夜夜爽久久 | 天天干天天操天天爽 | 奇米影视第四色在线 | 日韩精品真人荷官无码 | 国产野花视频天堂视频免费 | 国产三级网站在线观看 | 大陆精品自在线拍国语 | 欧美精品久久久久久久久老牛影院 | 久久99视频精品 | 韩国美女激情视频一区二区 | 亚洲国产精品久久久久网站 | 亚洲国产成人精品女人 | 嫩草91| 黑人精品欧美一区二区蜜桃 | 狠狠的撸2015最新版狠狠的撸2015最新版 | pornoⅹxxxxhd麻豆 | 亚洲欧美在线视频免费 | aa国产视频一区二区 | 日本黄色高清网站 | 日韩欧美亚洲综合 | 国产一区二区av | 欧美成人久久 | 欧美ol丝袜高跟秘书在线播放 | 免费观看成人毛片A片2008 | 亚洲欧洲精品成人久久曰影片 | 国产精品玖玖玖在线观看 | 欧美顶级毛片在线播放 | 欧美中文字幕一区二区三区亚洲 | 欧美午夜色视频国产精品 | 亚洲一区在线观看视频 | 国产视频二 | 一区二区三区成人A片在线观看 | 欧美精品第三页 |