Somalia’s economy to slow to 2.8pc as costly fuel dents growth

Somalia is expected to register a slower growth for the third consecutive year as rising global oil prices add pressure to the country’s strained economy. The latest World Bank Somalia Economic Update projects the country’s economy to grow by 2.8pc… Somalia is expected to register a slower growth for the third consecutive year as rising global oil prices add pressure to the country’s strained economy. The latest World Bank Somalia Economic Update projects the country’s economy to grow by 2.8pc this year down from 3pc recorded last year. This will be the third straight year […] The post Somalia’s economy to slow to 2.8pc as costly fuel dents growth appeared first on KBC Digital.