Equity unveils $4b recovery plan for regional economies
East Africa region’s growth is projected to rise to three percent in 2021 from 0.7 percent in 2020 and 5.6 percent in 2022.
Source: theeastafrican.co.ke
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Consolidation plan recently agreed to falls short of what would be necessary to stabilize. the downgrade reflects our view the effectiveness, stability, and predictability of american policy making and institutions have weakened at a time of economic challenges to a degree more than we envisioned when we assigned a negative outlook on april 18. since then we have changed our view of the difficulties in bridging the gulf between the political parties over fiscal policy, which makes us pessimistic about the capacity of congress and the administration to be able to leverage their agreement this w...
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