News
15 May 2020

Economic impact of COVID-19 could hit $8.8trn, warns ADB

Region:
Middle East & Africa, Americas, Asia-Pacific, Europe

The global economy could suffer between $5.8 trillion and $8.8 trillion in losses — equivalent to 6.4% to 9.7% of GDP - as a result of the coronavirus pandemic, the Asian Development Bank has warned.The report, Updated Assessment of the Potential Economic Impact of COVID-19, finds that...

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Login

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

You might also like


Perspective
17 October 2025

TXF Asia: Top takeaways

The top takeaways from Exile Asia: Agency, Energy and Infrastructure at Singapore’s Marina Bay Sands Expo and Convention Centre have emerged. From increased ECA flexibility to...

Video
23 October 2025

TXF Asia: Robert Doyle, Sun Africa & UGT Renewables

At TXF Asia 2025, Robert Doyle, CFO of UGT Renewables and Sun Africa, shared insights into the sister companies’ ambitious plans for bold expansion in Asia’s booming...