News Snapshot:
Interest rates charged by banks capped at 9.25% under MSME package The pandemic is creating a class of “new poor†across East Asia and the Pacific with 38 million more people expected to sink into poverty in 2020, according to the World Bank. The triple shock of the pandemic, the containment measures and the global recession means the region will grow only 0.9 percent this year, its weakest expansion since 1967 -- and poverty will increase for the first time in 20 years. Read more here Let’s look at the global statistics: Total Confirmed Cases: 33,353,614 Total Deaths: 1,001,644 Total...
