Industry

Senior business leaders estimate that there will be a recession in 2020

A survey by PwC and Cadem in Chile revealed that senior executives of companies in that country consider that Chile will enter recession in 2020. The survey of 300 top executives showed that 70% of those polled believe that Chile’s GDP will be negative in 2020. Likewise, 56% think that it will take more than six months for companies to normalise their activities after the Coronavirus pandemic that is shaking the world.

Source: EMOL