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43 November, 2020 Belgium Global: 34 Availability: 24 Cost: 67 Regulation: 18 Productivity: 63 2020 Global TWI Ranking (out of 76) 2020 Regional TWI Ranking (out of 40) Region: 21 Availability: 15 Cost: 35 Regulation: 13 Productivity: 32 Remote Readiness 16 Remote Readiness 26 Belgium has spent over $20 billion USD on measures to mitigate the impact of Covid-19. Health sector funding has been increased and stimulus payments for the elderly, disabled and lower paid. Measures that have been implemented to protect businesses and jobs include: • Support for temporary unemployment and the self-employed • Introduction of Corona parental leave • Tax exemptions • Additional support to affected individuals and businesses has been provided at a local government level https://www.imf.org/en/Topics/imf-and-Covid-19/Policy-Responses-to-COVID-19 Non-essential travel from countries outside of the EU and Schengen countries is prohibited and arrivals from most EU countries require either a negative test on arrival or 14 days of quarantine. A second national lockdown is due to be in place until mid-December with all non-essential businesses closed although schools are open. 4.0% 4.7% 0% 20% Belgium Regional Ave. % of GDP Belgium Q4 2019* Q4 2020* % Change YOY Total Workforce 5.13M 5.13M 0% Unemployment Rate (%) 5.6% 5.2% -7% Unemployed Workers 287K 267K -7% Manpower 2020 Total Workforce Index Workforce Statistics Covid-19 Situation Covid-19 Government Spend as % of GDP Border Closures and Restrictions Additional Government Spending and Foregone Revenue to September 2020 Covid-19 Confirmed Cases and Deaths Reported to WHO (on a weekly basis) *Reported figures at Q4 each year https://covid19.who.int/ https://www.imf.org/en/Topics/imf-and-covid19/Fiscal-Policies-Database-in- Response-to-COVID-19 Other Sources: https://data.worldbank.org/ https://ilostat.ilo.org/ https://home.kpmg/xx/en/home/insights/ https://www.gov.uk/foreign-travel-advice United States Embassy https://tradingeconomics.com/ https://statbel.fgov.be/nl/themas/