Covid-19 briefing
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- ECONOMIC IMPACT -
Latest update: 21 April
The World Bank projects that the Indian economy will grow by 8% in 2022–23, which is a downward revision from its earlier projection of 8.7%.
According to the OECD, the unemployment rate in OECD nations stood at 5.2% in February 2022, a marginal decline from 5.3% in the previous month.
2.8%
The World Trade Organization (WTO) revised the global real GDP growth forecast for 2022 downward to 2.8% from its earlier projection of 4.1%.
45%
World Bank forecasts that the war-torn Ukraine’s GDP will contract by around 45% and Russia’s GDP by more than 10% in 2022.
ECONOMIC RECOVERY
- SECTOR IMPACT: MEDICAL DEVICES -
Latest update: 21 April
Impacts of the Russia-Ukraine War on availability of medical equipment in Russia