At least 40 per cent of Pakistan children have stunted growth a year after devastating floods. The futures of a generation of children in Pakistan remain “seriously compromised” a year after devastating floods, with an estimated 40 per cent of children suffering from stunted growth.
At the same time the global economy was forecast to do slightly better in 2023. But the effects of tight monetary policy are expected to be felt for a while yet.
South Africa's economy is at risk of going off the grid as recurring power cuts wreak havoc on the country's businesses and households. Alongside this energy crisis, the nation's central bank is sounding the alarm over potential threats to financial stability. These concerns stem from capital outflows and the possibility of sanctions due to South Africa's stance on Russia's invasion of Ukraine.