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France’s economy is expected to be adversely affected by COVID-19 pandemic in 2020. The growth of real gross domestic product (GDP) of France is expected to shrink, unemployment level to increase and current account balance to remain negative due to COVID-19 this year. As of 10^th Aug 2020, France had 1,97,921 confirmed COVID-19 cases out of which 82,836 Ìýpeople have recovered from the disease while 30,324 have lost their lives.

This blog post covers economic impact of COVID-19 pandemic along with fiscal, monetary, employment and social policy measures taken by France government under following sections –

1. Impact of COVID-19 on France Economy in 2020

2. COVID-19 Containment Measures of France

3. COVID-19 Related Fiscal Policy Measures by France

4. COVID-19 Related Monetary Policy Measures by France

5. COVID-19 Related Employment Policy Measures by France

6. COVID-19 Related Social Policy Measures by France

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1. Impact of COVID-19 on France Economy in 2020

France’s real gross domestic product (GDP) was Euro 2315.37 billion in 2019 and due to COVID-19 outbreak it is estimated to decrease by 12.5% to be around Euro 2025.95 billion in 2020.

France’s unemployment rate was 8.45% of total...