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IMF: Economic decline in the Netherlands due to corona is slightly bigger

with The economic recession in the Netherlands will still be slightly larger than previously expected, a report by the International Monetary Fund (IMF) on Wedn

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IMF: Economic decline in the Netherlands due to corona is slightly bigger

with The economic recession in the Netherlands will still be slightly larger than previously expected, a report by the International Monetary Fund (IMF) on Wednesday. It's going to be a decline of 7.7 per cent, which is 0.2 percentage points higher than in april, has been estimated.

The IMF estimates that the downsizing of the entire world economy is much larger and it is expected that the recovery will take longer than the april estimates.

now that The global economy would be a 3% shrinkage in the year 2020, estimated that the UN system before. It is expected a contraction of 4.9 per cent.

now, The big jump has to do with the changes for a month or two ago it would have taken much less far away was. A lot of lockdownmaatregelen had only just begun, while in the meantime a clearer picture of the consequences of this.

the Economy of EU countries to shrink by more than 10 per cent

The effect of all of the lock - in and social-distancing measures, turns out to be negative for consumption and investment, reporting to the IMF.

The prediction of the United States of america, is expected to contract by 8 per cent., while in the EU countries, on average, at 10.2 per cent economic contraction in the future. In both cases, you have to have 2 percentage point contraction.

The recovery in 2021 will be less and less powerful, is expected with the organization, with a global growth rate of 5.4 per cent. This is 0.4 percentage points lower than in april, as soon as possible. In case of a second outbreak of the corona virus, there would be around 2021, even a 0.5 per cent economic growth to be seen.

you can Follow the latest developments of the virus in our liveblog.

The corona virus, in short, The corona virus is spread mainly through feedback and hoestdruppeltjes. The majority of these patients have mild (flu-like) symptoms. These are the symptoms. Read here to find out what the rules are there to make the time limit. These measures will also be translated into Arabic, English, Portuguese, Spanish, and Turkish. In our coronagids, we will give you a list of all the reliable information, and what you will need, and you can do it now, you are far from home.