Tag: Economic Downturn
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We are working to reverse economic downturn – Archibald Letsa
Dr Archibald Yao Letsa, the Volta Regional Minister, has described the determination of government to reverse the economic downturn caused by the COVID-19 as...
Japan’s corporate profits plunges 28.4 percent in third quarter
Japan's pre-tax corporate profits dropped 28.4 per cent from a year earlier to 12.4 trillion yen (118.9 billion dollars) in the July-to-September period, marking...
World Bank Confirms Economic Downturn in Sub-Saharan Africa, Outlines Key Polices Needed for Recovery
Driven by the economic fallout of the COVID-19 global pandemic, growth in Sub-Saharan Africa is predicted to fall to -3.3 percent in 2020, pushing...
Kenyan campaigners decry rising pension bill for lawmakers amid economic downturn
Kenyan public finance watchdogs on Saturday decried the proposed increase in pension for retired lawmakers, saying it could burden taxpayers amid COVID-19 related economic...
Government Fails to Prevent a Worsening Economic Downturn
Tens of millions of job losses and business closures due to the COVID-19 pandemic portends much for the future of education and food security
As...
