April 02, 2020
PUBLIC FINANCE > Budget

Dire economic picture sketched in series of reports

Colin Young ,

State House News Service / The Herald News

“Simply stated, COVID-19 is a Cat 5 hurricane hitting global economies simultaneously,” MTF wrote in its analysis. “The initial impacts are staggering -- to people and families, first responders, health care professionals, employers and employees, and the world’s economy. The scale and duration of the pandemic are as yet unknown.”