International
12:13 28 March 2020
Post by: WBJ

Covid-19 may affect global FDI: UNCTAD

Covid-19 may affect global FDI: UNCTAD
Source: Piqsels

The coronavirus outbreak may reduce the inflow of global foreign direct investment (FDI) by 30 to 40 percent, said the United Nations Conference on Trade and Development, a UN body that deals with trade, investment and development issues.

“A new UNCTAD analysis of the impact of the coronavirus pandemic on the outlook for global foreign direct investment shows that the negative impact will be worse than previously anticipated,” stated the press release.

“Updated estimates of the economic impact of Covid-19 now suggest that the pressure to reduce FDI flows may range from 30 to 40 percent in 2020-2021, much more than previously forecast 5 to 15 percent.”

(PAP)

fdi
un
coronavirus
unctad

More News

lifestyle

LifeStyle
5 days ago

Marcelina Zawadzka: Online Shopping Is a Lifesaver for Young Parents

LifeStyle
1 month ago

Doda Promises Emotions and Surprises at Polsat Hit Festival in Sopot

LifeStyle
1 month ago

New Culinary Concept Opens in Warsaw’s Kamionek District

LifeStyle
2 months ago

Mercedes-Benz Unveils Sleek New CLA with Electric Power and AI Tech

Book of Lists

Book of Lists
4 years ago

The largest Polish companies under the Book of Lists microscope! Book of Lists 2020/2021 certificates have been awarded.

Book of Lists
5 years ago

25th jubilee edition of Book of Lists – project start