Quarterly Frontier Markets Recap 2Q21 (FitchRatings)

A recovery from last year’s pandemic-induced recession is underway but will be modest against a low base, as GDP growth is constrained by limited fiscal space in most frontier markets (FMs). Risks from the pandemic persist due to slow vaccination rates across all regions, with renewed COVID-19 waves continuing to hamper external receipts, public finances, employment and GDP growth. DOWNLOAD

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