Every closing week, it reduces GDP by 1.1%.


The British investment bank, Librum, expects every week that the UK will close its GDP by 1.1%.
According to Bloomberg News, the outbreak of the Corona virus and the procedures to contain it are expected to lead to a decrease in the gross domestic product, between 7% and 9%.The bank said closings were likely to continue until late May next, with a gradual return to economic activity of pre-virus levels in July.

The bank expected that infrastructure and other basic services activity would return quickly after the closure ended, but it predicted that recreational activities that include large gatherings will continue to be closed for a longer period.

The bank added that many companies could boost their production quickly in theory, but supply chaos will continue, and it is likely that the decline in citizens ’income and the ambiguity surrounding future investments will hurt demand for some time.


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