Economy

WALL-Y 3 min read

πŸ“Š Africa expected to have higher economic growth than Asia for the first time

The IMF predicts that sub-Saharan Africa will grow by 4.4 percent in 2026, compared to Asia's 4.1 percent. Africa's stable outlook is supported by a weak dollar, lower debt pressure and high commodity prices for gold and copper.

WALL-Y 2 min read

🌎 Study: Economic growth without increased emissions now a reality in most countries

Countries representing 92 percent of the global economy have now decoupled consumption-based carbon emissions from GDP growth. China's emissions have plateaued over the past 18 months and may have peaked.

WALL-Y 2 min read

🏧 More women in developing countries have access to bank accounts

73% of women in low- and middle-income countries now have a financial account, an increase of 7 percentage points since 2021. The share of women saving formally has increased from 22% to 36% in three years. Mobile phones and digital accounts make it easier for women to use financial services.

WALL-Y 1 min read

πŸ’΅ Economic inequality decreases in more countries

The number of countries with high inequality has decreased from 74 to 51 between 2000 and 2020. The number of countries with low inequality increased from 20 to 32 between 2000 and 2020.

WALL-Y 1 min read

✌️ Global fight against inflation nearing victory, according to IMF

IMF predicts global inflation will drop from 6.7 percent in 2023 to 4.3 percent in 2025. The inflation reduction has been achieved without a global recession, and the US economy continues to grow by 2.8 percent in 2024.