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Cabinet warned over shortages of phones, computers and drugs

 

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China is a key producer of intermediate goods, particularly those used in computers, phones, pharmaceuticals and cars. Stock picture

China is a key producer of intermediate goods, particularly those used in computers, phones, pharmaceuticals and cars. Stock picture

China is a key producer of intermediate goods, particularly those used in computers, phones, pharmaceuticals and cars. Stock picture

The outbreak of the coronavirus is set to lead to shortages of goods such as computers, phones, pharmaceuticals and cars because of the disruption to the global supply chain, Cabinet ministers heard.

A confidential memo prepared for ministers warned the unprecedented nature of the global Covid-19 outbreak makes it "simply not possible" to define a worst-case scenario for the Irish economy.

It said the decline in production in China has already "transmitted rapidly" around the world given its key role in the global supply chains.


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