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Goldman Sachs: Global economic growth is expected to decline by 16% due to SK

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  2. Goldman Sachs: Global economic growth is expected to decline by 16% due to SK

06 May 2020

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Goldman Sachs: Global economic growth is expected to decline by 16% due to SK

Experts at Goldman Sachs said on Wednesday that global economic growth is likely to have decreased by about 16% since January 2020, due to a global outbreak of the Coruna virus and measures taken by governments, including measures of social separation.
Despite this, Goldman Sachs experts do not exclude the possibility of an economic recovery according to the appropriate time frame, and pointed out that the expectations of GDP growth come in conjunction with the understanding of companies and families of the possibility of the return of economic activity to its nature while maintaining measures to control the spread of the disease.
These measures include wearing face masks and gloves, frequent cleaning of workplaces, reducing office occupancy and maintaining social spacing procedures as required.

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Technical Economic Consulting Company was established in 2012, it was established by a team of investment professionals to become one of the leading investment companies to provide the best management consulting services to local international companies and institutions. Since its inception, the company has continuously expanded to become one of the largest leading consulting firms in the region through its branches located in the Arab world as well as representative offices in Europe.

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