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The global economy needs 5 years to recover from the effects of the Corona pandemic.

The chief economist at the World Bank, “Carmen Reinhart,” said that a full global economic recovery from the Corona pandemic may take 5 years.

Reinhart added that the recession resulting from the pandemic will last longer in some countries compared to others and will lead to an exacerbation of inequality, noting that the poor countries will be affected more, and for the first time within 20 years, global poverty rates will increase after the crisis, according to what was reported by Al Jazeera.

It is worth noting that the number of people infected with Coronavirus around the world exceeded 30 million.

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