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s2smodern
[IMF] The regional outlook is broadly unchanged since the June 2020 Regional Economic Outlook Update. In 2020, economic activity is expected to contract by 3.0 percent, but then recover by 3.1 percent in 2021. This represents a drop in real per capita income of 4.6 percent over 2020-21, which is larger than in other regions. This outlook is subject to significant downside risks, particularly regarding the path of the pandemic, the resilience of the region's health systems, and the availability of external finan

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2020-10-22 14:47:35