Covid-19 briefing
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- ECONOMIC IMPACT -
Latest update: 17 February
The IMF projects global economic growth at 5.5% for 2021 which is an upward revision from the 5.2% rise estimated in October 2020.
After weeks of gradual decline, GDP estimates for many countries have levelled off. Negative GDP growth is forecast in all countries except China.
-3.7%
Consensus forecast for world GDP growth in 2020
6.9%
Unemployment rate in OECD nations in December 2020
- SECTOR IMPACT: APPAREL -
Latest update: 3 March
Garment manufacturers remain hardest hit by Covid-19
More than 350,000 jobs lost in Bangladesh
Calls to add US port workers to vaccine priority list
Myanmar garment worker support fund doubled
Lao garment workers to receive emergency cash
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