Coronavirus downturn likely to add to high government debt in some countries

In addition to its public health consequences, the coronavirus pandemic is likely to lead to an increase in government debt around the world. The global economy is projected to shrink 3% this year – a downturn that would likely cause tax revenues to fall – even as governments in the United States, Europe and elsewhere spend trillions of dollars on emergency relief measures to try to contain the damage >>ClickHere>>>

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