Zambia Growth to Fall
World Economy

Zambia Growth to Fall

Zambia’s economic growth will fall below 4% in 2016 due to domestic challenges and one or two international pressures but will pick up in subsequent years, the World Bank said, NewsNow reported. Zambia’s inflation rate Srose sharply to 19.5% year-on-year in November from 14.3% in October, the Central Statistical Office said on Thursday. “The increase in the annual rate of inflation was attributed to both food and non-food items,” the agency said in a statement. On economic slowdown in 2016, World Bank senior economist Gregory Smith said at a media briefing that, “we expect growth to fall below 4% in 2016 and an improvement in growth in 2017 and 2018.”

Short URL : http://goo.gl/OTS0fd
  1. http://goo.gl/B0pB1Q
  • http://goo.gl/c6E8Kx
  • http://goo.gl/m9YZXl
  • http://goo.gl/DwOFNE
  • http://goo.gl/2wMOqw

You can also read ...

The S&P Mumbai Stock Index Sensex shed 73.88 points or 0.21% and closed at 35,548.26 while the Nifty50 index dropped by  17.85 points or 0.17% and settled at 10,799.85.
It is expected that the latest installment of concerns over...
Markets in Argentina, Brazil and Turkey took  the biggest hits from the fed rate hike.
Higher US rates are rattling many emerging markets in much the...
New Zealand Economy Facing Headwinds
New Zealand’s economic growth is expected to have slowed...
JPMorgan argues the record levels of debt in the US are a clear late-cycle indicator—and sees tough times ahead, at least in credit markets.
It seems like every time Joseph Harvey opens the Wall Street...
Copper Slips to 2-Week Low
Copper eased for a third session on Monday on fears trade...
Without users, it would simply be a worthless token.
Cryptocurrencies are not scalable and are more likely to...
Egyptian Lawmakers Decry Sisi Gov’t Economic Reforms
A group of Egyptian lawmakers on Sunday criticized recent...
Turkey Jobless Rate Falls to 10.1%
Turkey’s unemployment rate stood at 10.1% in March, falling 1....