Except India and China, economy around the world will be in recession: UN

New Delhi, 31 March 2020 Tuesday

According to the latest UN report, the global economy will be affected by the recession this year following the Corona virus epidemic, while India and China may be the exception, according to the report.

Recommended $ 2500 billion package

Although the report did not elaborate on why and how India and China would be the exception, the United Nations said that almost two-thirds of those living in developing countries were facing an unprecedented economic crisis following the Covid-19 crisis. A $ 2500 billion relief package has been recommended to help countries.

According to a UN report, two-thirds of the world's population will be affected, and foreign investment in the developing countries is expected to be around $ 2 billion to $ 3 billion over the next two years.