The Swiss economy could grow at more than double its usual rate in 2021 and 2022, with GDP increasing by around 4% in both years as output recovers from the coronavirus epidemic, the government's chief economist told newspaper NZZ am Sonntag.
The Swiss economy could grow at more than double its usual rate in 2021 and 2022, with GDP increasing by around 4% in both years as output recovers from the coronavirus epidemic, the government's chief economist told newspaper NZZ am Sonntag.
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Okechukwu Nnodim, Abuja
The Central Bank of Nigeria’s financial disbursements on about 3.1 million projects have risen to N6.01tn, the apex bank has said.
It was learnt that the over three million projects were financed through 29 interventions, while the bank currently has 36 active intervention programmes.
The Director, Development Finance Department, CBN, Yusuf Yila, disclosed this at the African Continental Free Trade Agreement Strategy Workshop Series II on financial services and investment mobilisation, with the theme ‘Leveraging Nigeria’s financial services sector to maximise the gains of AfCFTA’.
Yila’s position at the workshop was contained in a statement issued in Abuja on Sunday by the Secretary, National Action Committee on AfCFTA and Senior Special Assistant to the President on Public Sector Matters, Francis Anatogu.
Forecast: second coronavirus wave interrupts economic recovery State Secretariat for Economic Affairs Bern, 15.12.2020 - Economic forecast by the Federal Government’s Expert Group – December 2020 - In the winter half-year of 2020/2021, the second wave of the coronavirus will have an adverse effect on the Swiss economy. The Expert Group is therefore revising its GDP forecast for the coming year downwards. If the health situation eases, growth is likely to increase significantly as time goes on, although uncertainty remains extremely high.
Rising case numbers and the measures to combat the coronavirus will slow international economic development considerably in the winter half-year of 2020/2021, especially in Europe. In general, however, less dramatic containment measures have been taken than last spring and the overall economic impact is likely to be less severe.