Global economy to expand by 4% in 2021: World Bank
It also warned that rising Covid-19 cases and delays in vaccine distribution could limit the recovery to just 1.6%...
Tag : economy
UAE’s GDP is estimated to shrink by 6% in 2020
However, the economy is expected to grow 2.5 percent in 2021...
The true cost of Brexit on the property market—not felt?
Experts say the colossal impact of a no-deal Brexit will be on house prices and not the property market at large...
IMF is assisting countries mired in debt crisis
The programme that freezes payments on IMF debt from poor countries is expected to be extended through 2021...
Kenya seeks IMF loan worth $2.3 bn to stabilise rising debt
The country’s fiscal deficit will increase to 8.3% of GDP in the fiscal year to June 2021 from 7.4% in the current fiscal year...
South Africa’s private sector expands slowly in November
The Purchasing Managers’ Index fell to 50.3 in November from 51 in the previous month...