economic recovery
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News
Uganda’s debt distress stresses MPs
KAMPALA– Parliament has asked government to develop mechanisms that will ensure the country returns to a low risk of debt distress. During plenary on Tuesday, MPs approved two reports of the Committee…
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Development
Global economic recovery slows as risks bite in 2022
LONDON- The global economic recovery is slowing as elevated commodity prices, weakened economic sentiment, and rapid tightening of global rates take their toll, according to Dennis Shen, Director of Sovereign and Public…
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East Africa
Kenya gets €89mln loan to bolster economic recovery
NAIROBI– The African Development Bank [AfDB] Group has approved an €89 million loan to boost the Kenyan government’s economic recovery efforts. The loan will provide funding for the second phase of Kenya’s…
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Organisations
Progress in LDCs stalled by multiple crises-ILO
NEW YORK – Economic and social progress in Least Developed Countries (LDCs) have been slowed by the impact of the COVID-19 pandemic, climate change and the continuing energy and food crises. According to…
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