News From Press 'Asia appears to be on the mend, it should help the global recovery’

'Asia appears to be on the mend, it should help the global recovery’

The big question on everybody’s mind right now is how bad the economic downturn will be, and what kind of recovery lies ahead.

The Economic Times Apr 4, 2020

The big question on everybody’s mind right now is how bad the economic downturn will be, and what kind of recovery lies ahead. There’s no doubt that activity will suffer a very severe contraction in March and April, due to the effective shutdown of large parts of the economy. The good news, however, is that the monetary and fiscal policy response has been prompt, decisive and well designed.

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