Covid-19 Executive Briefing

Understanding the economic impact of the Covid-19 pandemic and the implications for the mining sector

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- ECONOMIC IMPACT -

Latest update: 08 September 

After weeks of gradual decline, GDP estimates for many countries have levelled off.

Concern over the spread of COVID-19 remains volatile yet business optimism is growing.

-4.4%

Fitch Ratings has revised its 2020 forecast for global economic growth to -4.4% from the earlier estimated -4.6%.

$235.3bn

China’s exports rise 9.5%, to $235.3bn, in August 2020.

Impact of Covid-19 on employment

employees largely wish to keep working remotely

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