News Formal

Public investment is key to Covid-19 recovery, says IMF

  • 📰 fmtoday
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

Crisis lender estimates two to eight jobs are created for every US$1 mil spent on traditional infrastructure. FMTNews Covid19 IMF

WASHINGTON: Public investment should play a “central role” in the recovery of both emerging and advanced economies from the coronavirus downturn, the IMF said Monday ahead of its fall meetings.

Assuming investments are of “high quality,” the Washington-based crisis lender said increasing public investment by 1% of GDP could raise private investment by 10%, employment by 1.2%, GDP by 2.7% along with overall confidence in the recovery. The time to invest is now, officials said, with many countries still fighting off Covid-19 and people who lost their jobs amid the downturn looking for work.

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.
Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 5. in İT

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Coronavirus: Cathay Pacific mulls smaller aircraft, business class cuts as Covid-19 crisis remoulds travelTalks ongoing over how to make Hong Kong’s flag carrier fit for the post-pandemic world, but CEO says no changes imminentRestructure plan looking at areas such as aircraft design, ratio of economy to business class seats
Fonte: staronline - 🏆 4. / 75 Leggi di più »