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On July 1, 2020, Mauritius officially joined the ranks of High-Income Countries (HIC). It is a cruel historical irony … that Mauritius reached the High-Income milestone during one of the worst years in its history. Mauritius delivered a highly … and households affected by the shock with a comprehensive reform program to address pre-existing structural challenges. It …
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Experiences from previous pandemics and large-scale shocks show that these crises often affect men and women differently. Specifically, the effectiveness of policy actions and the prevention of costly reversals in the progress achieved towards greater gender equality will crucially depend on how...
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Global economic growth has picked up in 2021 and has now surpassed its pre-pandemic level. The National Bank of Rwanda (NBR) has maintained an accommodative monetary stance and other measures to support the recovery, taking advantage of low inflation. The government's continued fiscal expansion...
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Sub-Saharan Africa is projected to decline from 2.4 percent in 2019 to -2.1 to -5.1 percent in 2020, the first recession … in the region in 25 years. The coronavirus is hitting the region’s three largest economies —Nigeria, South Africa, and … income support to workers and liquidity support to viable businesses. However, financing of these policies will be …
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contained COVID-19 and economic activity swiftly revived as other regions struggled with the pandemic and economic recession …
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