Kampala, Uganda | THE INDEPENDENT | Widespread moderate to very heavy rains are expected to continue through much of the region next week, according to a regional forecast issued this week. The forecasters in a report released by the Famine Early Warning Systems Network (FEWNET), warn that the rains are expected …
Read More »World Bank upgrades global growth forecasts as recovery strengthens
Washington, United States | AFP | For the first time in many years, the World Bank’s outlook for the global economy is better than expected rather than worse, with all regions seeing improved growth, according to its latest forecast released Tuesday. However, the bank warns that countries must make investments to …
Read More »World Bank economist: Risks to world economy receded
Washington, United States | AFP | The World Bank is keeping its forecast for global growth in 2017 unchanged, because for the first time in years, no new risks have arisen to threaten the outlook. “Over the past four years this is the first time we didn’t have a downgrade …
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