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COVID-19 causing one of the deepest recessions since Great Depression: World Bank Prez

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(G.N.S) Dt. 16 Washington, D.C Whole world is experiencing one of the deepest recessions since the Great Depression in the 1930s owing to the novel coronavirus, World Bank President David Malpass has said, terming the Covid pandemic a “catastrophic event” for many developing and the poorest countries. He said given the extent of the economic contraction, there was a rising risk of disruptive debt crises in countries. So that has

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