Tag: Economic Development
tralac’s Daily News selection
11 Jun 20 NewsPresident Cyril Ramaphosa, as the AU Chairperson, convened a virtual meeting of the African Union Bureau and RECS today to discuss, inter alia, the Africa COVID-19 pandemic strateg...
tralac’s Daily News selection
10 Jun 20 NewsToday is World Anti-Counterfeiting Day:
selected updates
Kenya’s National Baseline Survey Report: Kenya loses over Ksh 100B in revenue to illicit trade (KBC)
Kenya’s Ant...
COVID-19 to plunge global economy into worst recession since World War II
09 Jun 20 NewsThe global economic outlook during the COVID-19 Pandemic: A changed world
The swift and massive shock of the coronavirus pandemic and shutdown measures to contain it have plunged ...
tralac’s Daily News selection
09 Jun 20 NewsDiarise, Thursday (11 June): Rwanda, Kenya, Tanzania, and Uganda are expected to table their respective 2020/2021 national budgets. Industrialists are lobbying, through the EABC, f...
tralac’s Daily News selection
05 Jun 20 NewsBuhari nominates Okonjo-Iweala as Nigeria’s candidate for WTO’s DG election (Premium Times)
Nigeria has nominated a former Minister of Finance, Ngozi Okonjo-Iweala, as its can...
tralac’s Daily News selection
19 May 20 NewsHow much will poverty rise in Sub-Saharan Africa in 2020? (World Bank)
The ongoing coronavirus pandemic is expected to drastically slow 2020 GDP per capita growth in Sub-Saharan A...
Statement by SARS Commissioner Edward Kieswetter at a Media Briefing
05 May 20 NewsExtracts from a media briefing held on Tuesday, 5 May 2020
Good afternoon and welcome to our media briefing.
So much has changed during the past 2.5 months to bring to a culminat...
How countries can expand access to digital financial services
04 May 20 NewsA new World Bank report provides valuable insights for policymakers and for financial sector players seeking to expedite financial inclusion and development of digital financial se...
COVID-19 is a matter of life and debt, global deal needed
24 Apr 20 NewsThe coronavirus pandemic hits developing countries at a time when they have already been struggling with unsustainable debt burdens for many years, as well as with rising health ne...
President Cyril Ramaphosa: South Africa’s response to Coronavirus COVID-19 pandemic
23 Apr 20 NewsMy Fellow South Africans,
It has been exactly seven weeks since the first case of the coronavirus was confirmed in our country.
Since then, all our lives have changed in fu...
tralac’s Daily News selection
23 Apr 20 NewsDiarise: UNCTAD’s eWeek (27 April - 1 May)
The programme features two high-level dialogues, one donor roundtable; and a set of webinars to explore how the COVID-19 pandemic is i...
World Bank predicts sharpest decline of remittances in recent history
23 Apr 20 NewsGlobal remittances are projected to decline sharply by about 20 percent in 2020 due to the economic crisis induced by the COVID-19 pandemic and shutdown.
The projected fall, which...
tralac’s Daily News selection
20 Apr 20 NewsThe G20’s action on debt is an important first step; now for the hard part (The Africa Report)
A commentary by Brahima Sangafowa Coulibaly, Donald Kaberuka, Louise Mushikiwabo, ...
Decisive action in an unprecedented crisis
18 Apr 20 NewsThe world is experiencing unprecedented challenges from COVID-19 – the coronavirus pandemic – that could erase development gains for many countries. The pandemic has profoundly...
Transcript of Sub-Saharan Africa Regional Economic Outlook Press Briefing, April 2020
16 Apr 20 NewsExtracts from the press briefing held on 15 April 2020 at the IMF-World Bank Virtual Spring 2020 Meetings, with Mr. Abebe Aemro Selassie, Director of the IMF’s African Depar...
International Monetary Fund and Financial Committee (IMFC) Meeting: Statements and Communiqué
16 Apr 20 NewsIMFC Statement by T.T. Mboweni, Minister of Finance for South Africa, on behalf of the Africa Group I Constituency[1]
We express our deepest sympathies on the exten...
tralac’s Daily News selection
14 Apr 20 NewsEAC Heads of State will convene an extraordinary virtual summit, tomorrow, to discuss the coronavirus pandemic
EAC Secretariat urges partner states to prepare post COVID-19 recove...
Finance Minister Tito Mboweni: Media briefing on economy and Coronavirus (COVID-19)
14 Apr 20 NewsThe Covid-19 pandemic is expected to deepen South Africa's economic woes, and is expected to push the economy into a deep recession during 2020.
At a media briefing today, Finance...
tralac’s Daily News selection
13 Apr 20 NewsThe IMF, World Bank Spring Meetings begin tomorrow:
The schedule of IMF events, starting with the launch of the World Economic Outlook
WBG president David Malpass: This w...
COVID-19 (Coronavirus) drives Sub-Saharan Africa toward first recession in 25 years
09 Apr 20 NewsFor Sub-Saharan Africa, Coronavirus crisis calls for policies for greater resilience
Growth in Sub-Saharan Africa has been significantly impacted by the ongoing coronavirus outbre...