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Economic Impact of COVID-19 on South Africa and its Policy Response

ambarish — Wed, 12 Aug 2020 01:36:09 +0000

South Africa’s economy is expected to be adversely affected by COVID-19 pandemic in 2020. The growth of real gross domestic product (GDP) of South Africa is expected to shrink, unemployment level to increase and current account balance to improve due to COVID-19 this year. As of 12^th Aug 2020, South Africa had 5,66,109 confirmed COVID-19 cases out of which 4,26,125 people have recovered from the disease while 10,751 have lost their lives.

This blog post covers economic impact of COVID-19 pandemic along with fiscal, monetary, employment and social policy measures taken by South Africa government under following sections –

Impact of COVID-19 on South Africa Economy in 2020
COVID-19 Containment Measures of South Africa
COVID-19 Related Fiscal Policy Measures by South Africa
COVID-19 Related Monetary Policy Measures by South Africa
COVID-19 Related Employment Policy Measures by South Africa
COVID-19 Related Social Policy Measures by South Africa

1. Impact of COVID-19 on South Africa Economy in 2020

South Africa’s real gross domestic product (GDP) was ZAR 3,149.35 billion in 2019 and due to COVID-19 outbreak it is...

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Economic Impact of COVID-19 on Germany and its Policy Response

ambarish — Tue, 11 Aug 2020 06:21:26 +0000

Germany’s economy is expected to be adversely affected by COVID-19 pandemic in 2020. The growth of real gross domestic product (GDP) of Germany is expected to shrink, unemployment level to increase and current account balance to decline due to COVID-19 this year. As of 11^th Aug 2020, Germany had 2,18,500 confirmed COVID-19 cases out of which 1,98,900 people have recovered from the disease while 9,265 have lost their lives.

This blog post covers economic impact of COVID-19 pandemic along with fiscal, monetary, employment and social policy measures taken by Germany government under following sections –

Impact of COVID-19 on Germany Economy in 2020
COVID-19 Containment Measures of Germany
COVID-19 Related Fiscal Policy Measures by Germany
COVID-19 Related Monetary Policy Measures by Germany
COVID-19 Related Employment Policy Measures by Germany
COVID-19 Related Social Policy Measures by Germany

1. Impact of COVID-19 on Germany Economy in 2020

Germany’s real gross domestic product (GDP) was Euro 2988.81 billion in 2019 and due to COVID-19 outbreak it is estimated to decrease by 7.8% to be around Euro 2755.68 billion in 2020.

Germany’s unemployment rate was 3.158...

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Economic Impact of COVID-19 on France and its Policy Response

ambarish — Mon, 10 Aug 2020 18:17:59 +0000

France’s economy is expected to be adversely affected by COVID-19 pandemic in 2020. The growth of real gross domestic product (GDP) of France is expected to shrink, unemployment level to increase and current account balance to remain negative due to COVID-19 this year. As of 10^th Aug 2020, France had 1,97,921 confirmed COVID-19 cases out of which 82,836 people have recovered from the disease while 30,324 have lost their lives.

This blog post covers economic impact of COVID-19 pandemic along with fiscal, monetary, employment and social policy measures taken by France government under following sections –

Impact of COVID-19 on France Economy in 2020
COVID-19 Containment Measures of France
COVID-19 Related Fiscal Policy Measures by France
COVID-19 Related Monetary Policy Measures by France
COVID-19 Related Employment Policy Measures by France
COVID-19 Related Social Policy Measures by France

1. Impact of COVID-19 on France Economy in 2020

France’s real gross domestic product (GDP) was Euro 2315.37 billion in 2019 and due to COVID-19 outbreak it is estimated to decrease by 12.5% to be around Euro 2025.95 billion in 2020.

France’s unemployment rate was 8.45% of total...

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Qualcomm Rides on 5G Wave

sudeep — Mon, 10 Aug 2020 11:30:51 +0000

The year 2020 has been proved depressing for the smartphone market in terms of total shipments, while, on the other hand, the largest smartphone application processor manufacturer ...

Economic Impact of COVID-19 on New Zealand and its Policy Response

ambarish — Sat, 08 Aug 2020 02:03:57 +0000

New Zealand’s economy is expected to be adversely affected by COVID-19 pandemic in 2020. The growth of real gross domestic product (GDP) of New Zealand is expected to shrink, unemployment level to increase and current account balance to reduce due to COVID-19 this year. As of 08^th Aug 2020, New Zealand had 1,569 confirmed COVID-19 cases out of which 1,523 people have recovered from the disease while 22 have lost their lives.

This blog post covers economic impact of COVID-19 pandemic and policy measures taken by New Zealand government –

Impact of COVID-19 on New Zealand Economy in 2020
COVID-19 Containment Measures of New Zealand
COVID-19 Related Fiscal Policy Measures by New Zealand
COVID-19 Related Monetary Policy Measures by New Zealand
COVID-19 Related Employment Policy Measures by New Zealand
COVID-19 Related Social Policy Measures by New Zealand

1. Impact of COVID-19 on New Zealand Economy in 2020

New Zealand’s real gross domestic product (GDP) was NZD 253.01 billion in 2019 and due to COVID-19 outbreak it is estimated to decrease by 7.212% to be around NZD 234.76 billion in 2020.

New Zealand’s...

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DDR5: The next generation of DRAM is coming with promises

sudeep — Fri, 07 Aug 2020 17:54:47 +0000

8 GB and 16 GB DDR5 DRAMs will be available for servers and mainframes; hopefully, by next year, the capacity of DDR5 RAM will be precisely where DDR4 is today. The standard...

Economic Impact of COVID-19 on Poland and its Policy Response

ambarish — Fri, 07 Aug 2020 06:52:38 +0000

Poland’s economy is expected to be adversely affected by COVID-19 pandemic in 2020. The growth of real gross domestic product (GDP) of Poland is expected to shrink, unemployment level to increase and current account balance to reduce due to COVID-19 this year. As of 07^th Aug 2020, Poland had 49,515 confirmed COVID-19 cases out of which 35,642 people have recovered from the disease while 1,774 have lost their lives.

This blog post covers economic impact of COVID-19 pandemic along with fiscal, monetary, employment and social policy measures taken by Poland government under following sections –

Impact of COVID-19 on Poland Economy in 2020
COVID-19 Containment Measures of Poland
COVID-19 Related Fiscal Policy Measures by Poland
COVID-19 Related Monetary Policy Measures by Poland
COVID-19 Related Employment Policy Measures by Poland
COVID-19 Related Social Policy Measures by Poland

1. Impact of COVID-19 on Poland Economy in 2020

Poland’s real gross domestic product (GDP) was PLN 1,983.37 billion in 2019 and due to COVID-19 outbreak it is estimated to decrease by 4.579% to be around PLN 1,892.55 billion in 2020.

Poland’s unemployment rate was 3.279% of total labor force in 2019. Due to slowdown in global...

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Economic Impact of COVID-19 on Saudi Arabia and its Policy Response

ambarish — Thu, 06 Aug 2020 08:11:48 +0000

Saudi Arabia’s economy is expected to be adversely affected by COVID-19 pandemic in 2020. The growth of real gross domestic product (GDP) of Saudi Arabia is expected to shrink, unemployment level to increase and current account balance to reduce due to COVID-19 this year. As of 06^th Aug 2020, Saudi Arabia had 282,824 confirmed COVID-19 cases out of which 245,314 people have recovered from the disease while 3,020 have lost their lives.

This blog post covers economic impact of COVID-19 pandemic along with fiscal, monetary, employment and social policy measures taken by Saudi Arabia government under following sections –

Impact of COVID-19 on Saudi Arabia Economy in 2020
COVID-19 Containment Measures of Saudi Arabia
Fiscal Policy Measures by Saudi Arabia
Monetary Policy Measures by Saudi Arabia
Employment Policy Measures by Saudi Arabia
Social Policy Measures by Saudi Arabia

1. Impact of COVID-19 on Saudi Arabia Economy in 2020

Saudi Arabia’s real gross domestic product (GDP) was SAR 2639.797 billion in 2019 and due to COVID-19 outbreak it is estimated to decrease by 6.8% to be around SAR 2460.291 billion in 2020.

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