Nigeria anticipated to hit its worst recession in four decades: World Bank
The IMF and the World Bank anticipate the Nigerian economy to slip into recession impacting its lenders at a large scale...
Category : Economy
China launches $5 bn fund to support SMEs
Two Chinese ministries have teamed up to launch the National Small Medium Enterprises Development Fund...
Indonesia’s economy to contract by 1.0% in 2020: ADB
The bank also forecasts that economic growth would reach 5.3% in 2021...
UK economy to shrink by 8% in 2020: Reports
Official figures showed Britain’s economy shrank by a record 20.4% in April...
UAE central bank expects recovery of economic activities in H2
It also expects the stimulus packages announced by the government to have high impact...
Thailand’s economy to contract by 8.9% in 2020: Experts
Productivity, confidence and consumer spending will remain low in the period ahead...
UAE’s economy to contract by 4.5% in 2020: World Bank
Economy to recover and grow by 1.4% next year...
ECB announces new pandemic stimulus worth $676 bn to fight Covid-19
This takes the total pandemic stimulus to $1.52 trn...
GCC nations to face the worst economic crisis in history, warns IIF
GDP of GCC nations to contract 4.4% this year...
UK does not seek trade talk extension despite EU offer
Recently, the EU said it is open to delaying the end of the post-Brexit transition phase by up to two years...