Moody’s sees South Africa GDP shrinking 2.5% as coronavirus shutdown weighs
Ratings agency Moody’s
cut its forecast for South Africa’s economy to a 2.5%
contraction in 2020, citing the impact of a nationwide,
five-week shutdown aimed at limiting the spread of the novel
cornavirus.
cut its forecast for South Africa’s economy to a 2.5%
contraction in 2020, citing the impact of a nationwide,
five-week shutdown aimed at limiting the spread of the novel
cornavirus.
Posted by Reuters
