World Bank to lower global growth forecast over Coronavirus outbreak

Chidinma Nwagbara As the deadly disease, coronavirus is spreading all over the world from China, World Bank President, David Malpass has disclosed that the multilateral lender will slow down its global growth forecast. The global growth forecast, according to Malpass,…

World Bank says Tanzania’s GDP to grow faster in 2020

by Nairobi Newsroom Tanzania’s economy will grow 5.8% in 2020 compared with an estimated 5.6% this year, and growth will rise to 6.1% in 2021, the World Bank said on Tuesday. The World Bank’s 2019 forecast is lower than the…