COMMENTARY: Covid-19 and Credit Ratings – What can we expect?’

By: Wayne Dass

February 15, 2022

The novel coronavirus SARS-CoV-2 pandemic (Covid-19) has led to the unfortunate death to date of approximately 5.8 million persons worldwide over the past two years, as reported by the World Health Organization. The pandemic also dealt a heavy blow to markets and economies across the globe, leading to an estimated shrinkage in the world economy of the order of 3.3% in 2020 (IMF). Regionally, Caribbean economies contracted by roughly 13% on average in 2020. 2021 proved to be a year of overall economic recovery, with global growth recorded at 5.9% by the IMF.

Covid-19-and-Credit-Ratings

Wayne Dass is the Chief Executive Officer of the Caribbean Information & Credit Rating Services Limited

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