East African Development Bank Directors’ Report and Financial Statements For the year ended 31 December 2012.
This Report describes the activities of the East African Development Bank during the year and shows the Bank’s financial position as at 31 December 2012. The Report also presents a review of the economic performance of the member States.
This Report describes the activities of the East African Development Bank during the year, and shows the Bank’s financial status as at 31st December 2011. The Report also presents a review of the economic performance of the Member States.
This Report describes the activities of the East African Development Bank during the year and shows the Bank’s financial condition as at 31st December 2010.
This Report describes the activities of the East African Development Bank during the year, shows the Bank’s financial condition as at 31st December 2009, and includes an overview of the year’s operations. The Report also reviews the economic performance of the Member States.
This Report describes the activities of the East African Development Bank during the year, shows the Bank’s financial condition as at 31st December 2008, and includes
commitments made during the year. The Report also shows the activities relating to the East African Community and a review of the economic performance of the Member States.
This Report describes the activities of the East African Development Bank during the year, shows the Bank’s financial condition as at 31st December 2007, and includes commitments made during the year. The Report also shows the activities relating to the East African Community and a review of the economic performance of the Member States.
This Report describes the activities of the East African Development Bank during the year, shows the Bank’s financial condition as at 31st December 2006, and includes commitments made during the year. The Report also shows the activities relating to the East African Community and a review of the economic performance of the Member States.
In June 2013 the IMF further trimmed down the global economic growth forecast for this year to 3.1% less than the 3.3% forecast in April 2013. The main cause being: the slowdown in emerging market economies, lowered expectations for U.S. growth and deepening recession in the Eurozone. Declining global demand for goods and services will impact negatively on growth in developing economies.
The year 2012 experienced slow global economic growth. World Output grew by 3.2 percent only as compared to 3.9 percent in 2011. The Euro zone went into a recession as growth in other advanced economies was too low to make a substantial dent in unemployment. In emerging and developing economies growth decelerated.