Article: CEE and Central Asian economies set for return to growth in 2021

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CEE and Central Asian economies set for return to growth in 2021

Montenegro is set for the highest growth of any country in Central and Eastern Europe and Central Asia in 2021, according to a new forecast from the World Bank.

Developing economies in emerging Europe and Central Asia are expected to grow by 3.6 per cent this year, as a recovery in exports and stabilising industrial commodity prices partly offset a resurgence of the pandemic late in 2020 and a recent flareup in new cases, says the latest edition of the World Bank’s Economic Update for the region.

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