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  • Farmer's Weekly

    COVID-19-ravaged global economy powers up rapidly

    Jul 09, 2021 2 minutes
    Dr Koos Coetzee.

    According to the International Monetary Fund’s (IMF) latest World Economic Outlook report, the global economy will recover to 6% growth in 2021 after declining 3,3% in 2020. The IMF also expects the major differences in growth between regions to continue.

    The main drivers of the expected higher growth rate in 2021 are the low base in 2020, the recovery in

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