Event Reports

KAS Japan Weekly COVID-19 Updates

by Cristita Marie Perez

Updates on the latest economic outlook for developing Asia

Growth will slowdown to 2.2% while inflation will rise to 3.2% in 2020 due to the COVID-19 pandemic. No country will escape the economic impact of the pandemic but more open, trade and tourism-dependent countries will be hit the hardest. The economic impact may spillover to the rest of the economy and trigger a financial crisis if governments fail to take quick and decisive policy actions.
Contact Person

Cristita Marie Perez

Cristita Marie Perez KAS

Senior Program Manager of Regional program Social Economic Policies Asia (SOPAS)

Cristita.Perez@kas.de +81 3 6426 5041 +81 3 6426 5047