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South Sudan faced significant headwinds in FY2020/21, with the pandemic, floods, and violence flareups affecting economic activities. Consequently, the economy is estimated to have contracted by 5.4 percent in FY2020/21. Oil production declined by 5.9 percent as floods affected production and...
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developments in global production, trade, and financial markets, and presents updates of the World Bank's forecast for the global …
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The year began on a positive note. A marked improvement in market sentiment, combined with monetary policy easing in developing countries, was reflected in a rebound in economic activity in both developing and advanced countries. Industrial production, trade and capital goods sales all returned...
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The world economy has entered a dangerous period. Some of the financial turmoil in Europe has spread to developing and … parts of the world, and pushed down stock markets, while capital flows to developing countries have fallen sharply. Europe …, and despite a strengthening of activity in the United States and Japan, global growth and world trade have slowed sharply. …
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