Thailand downgrades economic outlook despite smaller Q4 GDP fall

Thailand cut its estimate for economic growth this year to 2.5-3.5% after suffering its worst slump in more than two decades in 2020 due to the shock from the COVID-19 pandemic.
Naija Gist - Latest

African Development Bank Regional Economic Outlook 2020: In West Africa, harnessing the youth workforce could speed economic recovery in the post-COVID-19 era

Growth in West Africa, poised to expand by 4.0 percent in 2020, now projected to contract by -2.0 percent in 2020; Demand for science, technology, engineering and mathematics increasing, though school ...

Global economy starting 2021 stronger, virus-vaccine race clouds outlook-IMF economist

The global economy is starting 2021 in a better position than had been expected in 2020, but surging COVID-19 cases and new ...
Naija Gist - Latest

Post COVID-19: Africa’s growth stands to rebound to 3% in 2021, African Development Bank says in African Economic Outlook 2020 Supplement

Governments and development partners must respond in a more coordinated, targeted, and rapid manner to be effective in limiting impact; An additional 49 million Africans could be pushed into extreme ...
Fox Business

IMF cuts US economic growth forecast over trade tensions, policy uncertainty

The International Monetary Fund (IMF) on Tuesday cut its growth forecasts for the U.S. and other countries due to uncertainty over trade policy and weaker demand. The IMF's report slashed its 2025 ...
The Repository

Cleveland Federal Reserve sees slow, steady economic outlook, with a side of uncertainty

The United States' gross domestic product growth is expected to be below average through early 2026 with inflation likely to increase in the near term, according to federal economic data and Blue Chip ...