IMF announces largest SDR in history of $650 bn
IMF announced a massive funding of $650 mn to help member countries fight Covid-19...
Tag : economy
How can the world get back on its feet?
Vaccination is key for global economic recovery but vaccine disparity is now a growing concern that needs addressal...
World economy loses $15 tn due to Covid-19: IMF
IMF stated that it could take years to recover from the Covid-19 crisis if reforms are not implemented...
Singapore economy grows by 14.3% in Q2 2021
The country recorded the strongest economic growth in 11 years in the second quarter of 2021...
Oman’s GDP is projected to grow by 2.5%: IMF
The International Monetary Fund said the Sultanate’s overall GDP is projected to grow around 2.5% in 2021...
FDI flow to Africa projected to grow by 5% in 2021
Foreign Direct Investment flow to the continent has decreased by 16% in 2020 to $40 Foreign Direct Investment flow to the continent has decreased by 16% in 2020 to $40 bn, from $47 bn in 2019bn, from $47 bn in 2019...
Singapore economy to grow by 6.1% in 2021: AMRO
After a 5.4% contraction in the economy in 2020, Singapore’s economy is rebounding stronger...
Kenya’s economy to grow by 5.3% in 2021 as economic activities resume
The NCBA claims Covid-19 vaccination will prove to be a major economic policy...
Saudi Arabia’s GDP declines 3% in the first quarter
This is attributed to a steep decline of 11.7 percent in crude oil production during the same period...
South Africa’s economy grew 1.1% in Q1 21: Report
The country’s the economy grew 4.6% on a quarter-on-quarter basis...