Tag: contract
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North Macedonia’s economy projected to contract by 3.4 percent this year
North Macedonia's economy is projected to shrink by 3.4 percent in 2020, with the worst effects due to coronavirus outbreak expected in the second...
Namibia’s diamond, uranium mining sectors projected to contract in 2020
Namibia's diamond and uranium mining sectors are projected to contract in 2020 before a solid recovery in 2021, according to a Bank of Namibia...
Namibia’s economy expected to contract by 6.9 percent in 2020
Namibia's economy is expected to contract by 6.9 percent in 2020, following a milder contraction of 1.1 percent in 2019, the central bank said...
IMF projects global economy to contract by 3 percent in 2020 due to COVID-19
The global economy is on track to contract "sharply" by 3 percent in 2020 as a result of the COVID-19 pandemic, much worse than...
South African Reserve Bank predicts GDP to contract by 6.1 percent
The South African Reserve Bank (Sarb) on Tuesday said they expect the country's gross domestic product (GDP) to contract by 6.1 percent owing to...
