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The Bank of France expects a sharp contraction of the economy during the first quarter of 2020

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  2. The Bank of France expects a sharp contraction of the economy during the first quarter of 2020

08 Apr 2020

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The Bank of France expects a sharp contraction of the economy during the first quarter of 2020

The Bank of France announced today, The Bank of France expects Wednesday, its forecasts for the economy over the first quarter of 2020, and sees a potential contraction of about 6% during that period due to the spread of the Corona virus globally and the measures taken to address the spread of the epidemic that will negatively affect global economies and growth during the first quarter of Year.

The Bank of France expects

The Bank of France indicated that the economic activity during March has decreased by more than 32%, and therefore it is likely, according to the bank’s view, that GDP growth will decline on an annual basis by about 1.5%. Coinciding with the continued curfew in France that started on March 17.

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Social viability

Social feasibility, is a study of how one interacts with the other in a particular system or organization or the project that you want to implement, also known as the analysis of the social impact of individuals in the organization from employees, clients, and workers on the project, as this process provides a framework for analyzing and integrating the design and delivery of projects, It is also used to determine the priorities for the project and this is done according to the specific strategy or plan was drawn for the project, so we will learn together in this article about the most important basic points about social viability. See the social feasibility from here

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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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