Coronavirus ‘a devastating blow for world economy’

Coronavirus ‘a devastating blow for world economy’

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The coronavirus pandemic is a “devastating blow” for the world economy, according to World Bank President David Malpass.

Mr Malpass warned that billions of people would have their livelihoods affected by the pandemic.

He said that the economic fallout could last for a decade.

In May, Mr Malpass warned that 60 million peoplecould be pushed into “extreme poverty” by…

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