World spends over $13 trillion to fight pandemic
Finance
- 23 December, 2020
- 07:27
The total amount allocated to fight the COVID-19 pandemic, overcome the associated economic difficulties, and help the population has now exceeded the US $ 13 trillion in the world, Report mentions, citing TASS.
According to Japanese business newspaper Nikkei, this amount also considers the package of measures just agreed in the US Congress to stimulate the economy in the face of a pandemic of almost 900 billion US dollars.
As Nikkei noted, the adoption of new programs to stimulate the economy leads to a swelling of public debt in the world's leading countries. According to experts, in 2021, it will reach 125% of their total GDP.
Latest News
08:53
Azerbaijan, Mali sign memorandum on political consultations
Foreign policy08:39
Azerbaijan, Dominican Republic sign mutual visa exemption agreement
Foreign policy08:24
Azerbaijani teams begin Minifootball Champions League
Football08:16
Azerbaijan, Iraq discuss cooperation on regional, international platforms
Foreign policy08:02
Jeyhun Bayramov: TRIPP to boost regional connectivity and peace
Foreign policy07:49
Azerbaijan, Bahamas sign MoU on political consultations
Foreign policy07:36
Photo
Azerbaijan's veteran judokas finish World Championships with 11 medals
Team sports07:31
Neftchi begins FIBA Europe Cup with victory
Football07:00