World Bank Hints Plunging Of Sub-Saharan Africa Economies
The World Bank indicated that the economy of Sub-Saharan Africa in 2020 is expected to shrink by 3.3% as the coronavirus has taken a great toll. It stated that a population of 40 million Africans is feared to enter extreme poverty. It further said, "Great uncertainty surrounds the scale and trajectory of the pandemic in the region." However, the region is hoped to see economic growth of 2.1% in 2021.
Tags: Sub-Saharan Africa, Economy, Loss, Covid-19
Courtesy: Deccan Herald