Asian lockdowns could cost $2.5tn

27 May 2020

Asian economies could lose up to $2.5tn as a result of containment measures to halt the spread of coronavirus, according to the Asian Development Bank (ADB).

In a report the ADB report found economic losses in Asia and the Pacific could range from $1.7tn under a short containment scenario of three months to $2.5tn under a scenario of six months.

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