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The COVID-19 (coronavirus) global pandemic will have a large negative impact on the Kenyan economy. Even before being … affected by the novel coronavirus, Kenya's economy had decelerated. The World Bank estimates that GDP growth in 2019 was about … 5.6 percent, down from 6.3 percent in 2018. The COVID-19 (coronavirus) shock is expected to further reduce growth in …
Persistent link: https://www.econbiz.de/10012647069
Before the COVID-19 (Coronavirus) pandemic, Somalia's economy was on an upward trajectory, recovering from the 2016 … grow at 3.2 percent in 2020. The COVID-19 pandemic has interrupted Somalia's economic recovery. The crisis will have a … large negative impact on real GDP growth in 2020, affecting the economy through a combination of supply and demand shocks …
Persistent link: https://www.econbiz.de/10012647400
establishes the context for the unprecedented developments of 2020 related to the Coronavirus 2019 (COVID-19) pandemic. Chapter …
Persistent link: https://www.econbiz.de/10012497498
Pakistan is facing yet another balance of payment crisis. Authorities have taken some corrective measures and negotiated a 39-month stabilization program with the International Monetary Fund (IMF). Nonetheless, inflationary pressures increased during FY19. Current account deficit narrowed as...
Persistent link: https://www.econbiz.de/10012646389
This economic report records the economic activities of Armenia for the year 2013. A steep decline in construction caused economic growth to weaken to 0.6 percent in the second quarter of 2013 (year-on-year) from 7.5 percent in the first quarter and 7.2 percent in 2012 as a whole. Developments...
Persistent link: https://www.econbiz.de/10012248397
external demand since April 2020 due to COVID-19. While merchandise exports, excluding gold, increased by 5.8 percent overall … in FY20, they declined by 4.1 percent during July-December 2020 (year-on-year). Exports of garments, textiles, and fruits …
Persistent link: https://www.econbiz.de/10012544699
commodity market shock. The GCC's aggregate GDP contracted by 4.8 percent in 2020 from 2019, with the growth outturns ranging … demand, expected at 96.5 billion barrels per day (from 91 billion barrels per day in 2020), and the rebound in international …
Persistent link: https://www.econbiz.de/10012642833
The COVID-19 (Coronavirus) pandemic has triggered a deep global economic recession. The COVID-19 (Coronavirus) shock is … Russia under the shadow of pandemic with special focus on education as of July 2020 …
Persistent link: https://www.econbiz.de/10012647393
The economy of the Central African Republic (CAR) grew at a slower pace in 2019 compared to 2018. Still, it grew at 3.1 percent, year-onyear, in 2019, above the average of regional peers (1.6 percent) and countries affected by fragility, conflict, and violence (FCV) (2.7 percent). Despite...
Persistent link: https://www.econbiz.de/10012647651