Since the previous Economic Update, the full economic impact of the COVID-19
lockdowns has become prominent. Across the world, economies contracted significantly
in the second quarter, except for China which had moderate economic growth.
The current estimate for the global economy suggests a contraction of 4.9 per cent
Gauteng Provincial Treasury Economic Update Second Quarter 2020-2021.pdf
Published 12/10/2020 - 08:42
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