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Dutch government to unveil budget overshadowed by virus

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THE HAGUE – The Dutch government is unveiling its annual budget plans Tuesday, providing an indication of how one of Western Europe’s most prosperous nations foresees the ongoing economic impact of the coronavirus pandemic.The budget announcement comes a day after the Organization for Economic Cooperation and Development said that the gross domestic product in the world's 20 major industrialized nations dropped by a record 6.9% in the second quarter from the previous three-month period.The Dutch statistics office said in August that the national economy suffered an unprecedented 8.5% contraction in the second quarter, calling it “an economic catastrophe of exceptional proportions.”Measures to rein in the virus outbreak mean that the.

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