Pandemic deals heavy blow to SSA economies

The World Bank expects emerging markets and developing economies to shrink by 2.5 per cent this year, their first decline in six years, due to the impacts of Covid-19. Furthermore, per capita incomes are also expected to contract and tip millions of people into extreme poverty this year. Rudi Steinbach, Senior Economist, World Bank joins CNBC Africa for more.

Tue, 09 Jun 2020 16:21:45 GMT
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