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

04:38 Min
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.
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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