DETAILED REPORT ON THE MACRO-ECONOMY FOR THE FIRST ELEVEN MONTHS OF FY2019/20 TO MAY 2020 A. WORLD ECONOMYThe outset of the Covid-19 Pandemic since January 2020 has intensified downside risks on the global economy, which is now expected to be severely hit, much worse than that experienced in the 2009 Global Financial Crisis, the 1987 […]