The impact of COVID-19 on the economy

The article discusses the main consequences for the economy of the COVID-19 pandemic. The virus outbreak has become one of the most serious threats to the global economy and financial markets. Concerns about the impact of the coronavirus on the global economy have rattled markets around the world, with stock prices and bond yields plummeting. Forecasts of GDP decline in the leading countries and regions are given, and the main possible methods of mitigating the effects of the pandemic on the economy of developing countries are considered.