www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

Global EditionASIA 中文雙語(yǔ)Fran?ais
World
Home / World / Africa

Prospects for recovery strengthening in sub-Saharan Africa

By OTIATO OPALI in Nairobi | China Daily Global | Updated: 2021-04-02 10:10
Share
Share - WeChat
A worker packs alcohol at a liquor store as the sale of alcohol for off-site consumption will be prohibited over the Easter weekend, amid the spread of the COVID-19, in Johannesburg, South Africa, April 1, 2021. [Photo/Agencies]

Prospects for recovery in sub-Saharan Africa are strengthening amid actions taken to contain new waves of the pandemic and acceleration of vaccine rollouts, according to the World Bank's biannual economic analysis for the region released on Wednesday.

The report, "The Future of Work in Africa: Emerging Trends in Digital Technology Adoption", shows economic recovery will be faster for African countries that deepen reforms and embrace digital technology.

"A slower spread of the virus and lower COVID-19-related mortality, strong agricultural growth and a faster-than-expected recovery in commodity prices" have helped many African economies weather the economic storm induced by the COVID-19 pandemic, the report states.

"Economic recovery hinges on countries deepening reforms that create jobs, encourage investment and enhance competitiveness. Growth in the region is forecast to rise between 2.3 percent and 3.4 percent in 2021, depending on the policies adopted by countries and the international community," it adds.

According to Albert Zeufack, World Bank chief economist for Africa, spirited reforms that support job creation and digital technology are the driving force in advancing efforts for economic recovery across the continent.

"African countries have made tremendous investments over the last year to keep their economies afloat and protect the lives and livelihoods of their people," Zeufack said.

"Ambitious reforms that support job creation, strengthen equitable growth, protect the vulnerable and Ze to environmental sustainability will be key to bolstering those efforts going forward toward a stronger recovery across the African continent," he added.

The World Bank adds that sub-Saharan Africa's recovery is expected to vary across countries. Non-resource-intensive countries, such as Cote d'Ivoire and Kenya, and mining-dependent economies, such as Botswana and Guinea, are expected to see robust growth in 2021, driven by a rebound in private consumption and investment as confidence strengthens and exports increase.

"The World Bank, one of the largest sources of funding and information for developing countries, is taking broad, fast action to help developing countries respond to the health, social and economic impacts of COVID-19. This includes $12 billion to help low-and middle-income countries purchase and distribute COVID-19 vaccines, tests and treatments, and strengthen vaccination systems," Zeufack said.

According to the report, African countries can speed up their recovery by ramping up their existing efforts to support the economy and people in the near term, especially women, youth and other vulnerable groups. It also recommends those policies be complemented by reforms that foster the country's growth of inclusive productivity and competitiveness.

"Reducing countries' debt burdens will release resources for public investment in areas such as education, health and infrastructure. Investments in human capital will help lower the risk of long-lasting damage from the pandemic which may become apparent over the longer term, and can enhance competitiveness and productivity," the report states.

Looking at the year ahead, the World Bank adds that the next 12 months will be a critical period for leveraging the African Continental Free Trade Area in order to deepen African countries' integration into regional and global value chains.

Most Viewed in 24 Hours
Top
BACK TO THE TOP
English
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 日本美女性爱 | 久揄揄鲁一二三四区高清在线 | 在线播放波多野结衣 | 久久精品国产三级不卡 | 精品自拍视频在线观看 | 国产精品爱久久久久久久小 | 日韩在线免费视频 | 一本高清 | 国产精品日韩欧美在线第3页 | 在线久草 | 欧美精品久久一区二区三区 | 韩日一级毛片 | 91b站| www.av视频在线观看 | 最新精品亚洲成a人在线观看 | 欧美一级毛片欧美一级成人毛片 | 欧美一区二区在线观看免费网站 | 久久综合88 | avtom影院入口永久在线观看 | 日韩欧美成末人一区二区三区 | 中文字幕精品视频 | 99成人精品| 欧美人成一本免费观看视频 | 点击进入不卡毛片免费观看 | 午夜视频一区二区 | 伊人久久影视 | 中国一级毛片特级毛片 | 国产在线观看高清精品 | 大看蕉a在线观看 | 韩国一级特黄毛片大 | 国产免费一区二区三区在线观看 | 亚洲图片在线视频 | 亚洲精品午夜国产va久久成人 | 99热热久久这里只有精品166 | 中文国产成人精品久久无广告 | 久久成人网18网站 | 亚洲一区二区三区高清 | 久草资源在线播放 | 亚洲第一中文 | 91无套极品外围在线播放 | 国产成人一区二区视频在线观看 |