World Bank’s Global Economic Prospects For January 2021

The global economy is expected to grow by 4% in 2021. This projection is based on the initial COVID-19 vaccine rollout which should become widespread throughout the year. A recovery, however, will likely be subdued, unless policy makers move decisively to tame the pandemic and implement investment-enhancing reforms, the World Bank says in its January 2021 Global Economic Prospects. On Business Edge, Tolulope Adeleru-Balogun had Ekos Akpokabayen, Chief Investment Officer at Ovid Capita in Johannesburg, South Africa.

Your Friends Also Read:  Ghana's railway upgrade could boost economy

Leave a Reply

Previous Article
Facebook to curb fake news using Yoruba and Igbo languages

Facebook Closes Accounts Linked to Museveni's Ruling Party Ahead of Uganda Elections

Next Article

Kenya Student Kills Five Members of His Family, Says He Was Inspired By British Sitcom

Related Posts
East African Countries to Borrow Loan to Ease Covid-19 Economic Impact
Read More

East Africa Goes Borrowing to Cushion Covid-19 Impact

The East African countries look to borrow more than $750 million in syndicated loans to cushion the economic impact of the Coronavirus pandemic as Kenya, Uganda, South Sudan, and Tanzania have all been seeking either syndicated loans or special drawing rights from the International Monetary Fund (IMF), as they seek to revive economies experiencing the pandemic-induced shocks.