By Ifeoma Asika, Correspondent Campuses
The East African Regional Office of the African Development Bank(AfDB) will launch the 2020 Regional Economic Outlook virtually on Wednesday, July 8, 2020, at 14:30 East Africa Time. The report is part of the Bank’s flagship African Economic Outlook publication.
The theme of the East Africa Regional Economic Outlook 2020 is Developing East Africa’s Workforce for the Future, which aligns with the Bank’s High 5 priority areas.
This report discusses the impact of COVID-19 on the region’s economic outlook, its economic performance and implications for poverty reduction and job creation.
The Outlook proposes multiple policy interventions to mitigate the socio-economic impact of COVID-19 on the region, and to harness growth prospects, and maximize returns from skills development and education in East Africa.
Findings from the report are expected to inform and support East Africa’s decision makers and other stakeholders in their quest to mitigate the impact of domestic and external shocks and improve socio-economic conditions.