African Economic Outlook 2020 Supplement Amid COVID-19

Submitted by madhumita on Thu, 2020-07-09 13:38

Africa’s economic growth could rebound in 2021, provided that governments manage the COVID-19 infection rate well, according to updated forecasts from the African Development Bank. In a comprehensive socio-economic assessment of the pandemic’s impact, the Bank said growth was now projected to rebound to 3% in 2021 from -3.4% in the worst-case scenario for 2020.

thesaurus: 
Africa
Coronavirus
Economy
Economic Development
Publisher : 
African Development Bank
Main Topic: 
Economy
Mark Content Private(Internal): 
Email Alert: 
116
Publication Date: 
07/07/2020
Document Type: 
Reports