Economic Growth Forecast Cut amid High Trade Tensions, Uncertainty

Comments 384 Views Kampala, Uganda

In short
Growth for 2019 is now predicted to be a moderate 2.7 per cent, down markedly from 3.4 per cent in 2018. Developing countries are likely to be hit hard, particularly those whose economies rely heavily on markets likely to be affected by any additional tariffs and subsequent retaliatory measures.

 

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