Current Affairs - Economy - Discussion

Discussion :: Economy - Latest Current Affairs (Q.No.26)

26. 

In accordance with the Dun and Bradstreet's Country Risk and Global Outlook Report the global economy is likely to contract by how much percent in 2020?

[A]. 3.2%
[B]. 4.2%
[C]. 2.2%
[D]. 5.2%

Answer: Option D

Explanation:

In accordance with the Dun and Bradstreet's (D&B) Country Risk and Global Outlook Report, which has covered 132 countries, the global economy is likely to contract by 5.2% in 2020. This is the biggest decline since the Second World War and a far stronger contraction than the 1.7% recorded in 2009 during the global financial crisis. As per report, the global economy will not reach pre-pandemic levels of activity again before 2022.

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