Quarter of developing countries poorer than in 2019, World Bank finds
by Phillip Inman from on (#72T35)
Global growth downshifted' since Covid pandemic and sub-Saharan Africa particularly affected, report says
A quarter of countries in the developing world are poorer than they were in 2019 before the Covid pandemic, the World Bank has found.
The Washington-based organisation said a large group of low-income countries, many in sub-Saharan Africa, had suffered a negative shock in the six years to the end of last year.
Continue reading...