This Article is From Apr 08, 2020

Pandemic Could Cause Deepest Economic Recession: World Trade Organization

"We should aim to make the most of all potential drivers of sustainable growth to reverse this situation," Roberto Azevedo said.

Pandemic Could Cause Deepest Economic Recession: World Trade Organization

We face what may well be the deepest economic recession or downturn of our lifetimes: Roberto Azevedo

Geneva:

The COVID-19 pandemic could provoke the deepest recession in living memory, World Trade Organization chief Roberto Azevedo warned Wednesday.

"As we face what may well be the deepest economic recession or downturn of our lifetimes, we should aim to make the most of all potential drivers of sustainable growth to reverse this situation," he told a virtual news conference in Geneva.

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