Sunil Pokharel

DCEO – Civil Bank Limited & Visiting Faculty KUSOM
news@myrepublica.com

Are we trying to paint a gloomy picture?

Published On: June 6, 2020 08:15 AM NPT By: Sunil Pokharel

It is apparent that the Year 2020 started its resolution by “Paralyzing the World’s Economy” and pushed countries around the world to fight an invisible enemy – The COVID-19. As per the International Monetary Fund, the Global Economy is expected bear witness to a negative growth on the GDP by 3% whereas advanced economies are expected to be badly hit by 6.1% in 2020, and emerging market / developing economies are expected be the least impacted at -1%.

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