World News

Russia GDP will fall by 4.5 per cent in 2020

May 13, 2020/EBRD By Anton Usov Russia’s GDP will fall by 4.5 per cent in 2020 Rebound of 4.0 per cent in 2021 possible Growth in EBRD regions to contract on average by 3.5 per cent this year Russia is set to record negative GDP growth of 4.5 per cent in […]

Egypt’s growth to slow sharply in 2020 because of coronavirus pandemic

May 13, 2020/EBRD By Nibal Zgheib Egypt’s GDP growth falls to 0.5 per cent in 2020 due to coronavirus pandemic Economy seen avoiding contraction with 5.2 per cent rebound in 2021 Large public construction projects and boom in telecommunications sector supporting growth Egypt’s economy will slow sharply this year because of […]

Japan Boosts its Contributions to IMF’s Catastrophe Relief Fund and Poverty Reduction and Growth Trust

May 1, 2020/IMF Japan has recently announced a package of measures to respond to the economic challenges of coronavirus. While it has the clear intention to support the Japanese economy, Japan will also underpin the stability of the global economy through contributions to the International Monetary Fund’s resources for the […]