Large infrastructure investments should be postponed: World Bank

GDP is projected to contract by 19.5 percent in 2020
GDP is to rebound by 9.5 percent in 2021
Poverty rate is expected to increase to 5.6 percent in 2020
Postponing non-essential spending is critical to restore fiscal and debt sustainability
Public and publicly guaranteed (PPG) debt to increase to 120 percent
Diversify the economy through focusing on higher value-added financial and business services
Invest more in human capital development by retraining and upskilling the workforce