The economy is seen rebounding to a growth of between 4.7 and 6.9 percent in 2021 from barely a percentage growth this year, offering hope to millions of households which were plunged into poverty by the devastating shocks of Covid-19 containment measures.
Economists at the Treasury, International Monetary Fund and the World Bank Group have forecast economic activity to recover from the adverse effects of the pandemic that brought key sectors such as tourism and education to their knees.
