Tag: post-Covid tourism

Role of Banks in a post-Covid tourism recovery

Role of Banks in a post-Covid tourism recovery

The Asian Development Bank (ADB) estimates that the economic uncertainty caused by the COVID-19 pandemic would cost the global economy between USD 2 and 4.1 trillion in 2021. The International Monetary Fund has revised its global economic growth forecasts downward, while the Organization for Economic Cooperation and Development has predicted that global growth might be halved as a consequence of…

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