World Bank paints grim economic forecast amid COVID-19 pandemic | Video

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World Bank paints grim economic forecast amid COVID-19 pandemic | Video

(Updated: )

The World Bank has predicted that more businesses are expected to fail and insolvencies are likely to increase by 30 per cent by the end of 2021 amid the COVID-19 pandemic. CNA's Saifulbahri Ismail talks to Alfonso Garcia Mora, vice-president for Asia and the Pacific for IFC and the World Bank Group. 

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