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Afghanistan’s economy to contract: World Bank

· 2 min read · 271 views

KABUL’s economy could experience a contraction, as mitigation measures are likely to weigh heavily on private consumption.

In a report, the World (-2.6% in FY 2019/20) and Afghanistan (-5.5% in 2020) are both projected to experience contractions.”

Key labour-intensive export sectors in the South Asian region, though it has recorded a lower mortality rate, are expected to contract sharply and recover only slowly.

Growth in Bangladesh (1.6% in 2019/20 . . .

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