Browsing Tag

poor countries

World Bank forecasts low economy growth

The World Bank recently said that the growth of the global economy was somewhat lower than previously expected. According to the financial institution, a "prolonged period of low growth and high inflation" is likely to occur, mainly in low-income countries. Before this analysis, the World Bank had…

IMF announces debt relief for several countries

This week, the International Monetary Fund (IMF) announced the extension of debt relief to more than 28 countries in a terrible economic situation, and that have also been severely affected by the coronavirus. Initially, the Trust for…