Asia-Pacific region staring at $620 bn income loss due to coronavirus: S&P

The agency’s previous report on the economic impact of the virus outbreak had forecast a $400 billion loss in income for the Asia-Pacific. The latest report, coming barely a week later, increased this amount by $220 billion. These losses will be distributed across sectors among governments, banks, corporates and households, the report said.

from Economy-News-Economic Times https://ift.tt/398MBgN