Quarter of developing economies poorer than in 2019 – World Bank

23 hours ago 3
The World Bank said economic activity in Sub-Saharan Africa is projected to edge up from 3.3 per cent in 2024 to 3.5 per cent in 2025

“More than one-quarter of emerging market and developing economies (EMDEs), particularly low-income countries and those affected by fragility and conflict, still have per capita incomes below 2019 levels,” the World Bank said in its January Global Economic Prospects report.

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