Tuesday, 12 May 2020

Australia faces 'sobering' future economy due to coronavirus

SHARE

Australia faces 'sobering' future economy due to coronavirusAustralia's treasurer said Tuesday the country faces a “sobering” economic outlook due to the effects of the coronavirus and will have its largest-ever deficit when a revised budget is released in October. “Overall, the economic data has been sobering,” Treasurer Josh Frydenberg told Parliament on the first day of a scheduled three-day sitting this week. Frydenberg did not say what the government’s deficit will be.




from Yahoo News - Latest News & Headlines https://ift.tt/3fFvjwg

SHARE

Author: verified_user

0 coment�rios: