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Africa, News

Congo cuts 2020 economic growth forecast to -2.4%: cbank

(Reuters) – The Democratic Republic of Congo’s central bank on Wednesday trimmed its economic growth forecast for 2020 to -2.4%, down from a previous projection of -1.9%, due to the impact of the coronavirus.

“This contraction, which affected all sectors of activity, is mainly explained by the measures of confinement of populations both internally and externally,” the central bank said in a statement.

(Reporting by Hereward Holland; Editing by Aaron Ross)

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