World Bank Approves $1 Billion Financing for Kenya, to Address COVID-19 Financing Gap and Support Kenya’s Economy
Kenya has undertaken policy reforms that directly benefit many low-income Kenyan households.
This brief provides a prognosis of how the pandemic might affect global trends in international economic migration and remittances in 2020 and 2021.Update on migration and remittance flows as well as salient policy developments in the area of migration and development
Growth in Sub-Saharan Africa has been significantly impacted by the ongoing coronavirus outbreak and is forecast to fall sharply from 2.4% in 2019 to -2.1 to -5.1% in 2020, the first recession in the region over the past 25 years, according to the latest Africa’s Pulse, the World Bank’s twice-yearly economic update for the region.
The Global Knowledge Partnership on Migration and Development (KNOMAD) addresses gaps and quality issues regarding data on migration and remittances by researching, collecting and publishing global data to enable more effective engagement on migration and development.