Eritrea HR Outsourcing

Eritrea’s growth performance has been affected by the Covid-19 pandemic, with a widening in public deficit and disruption in demand and supply chains. The National Pandemic Fund initiated by the government has contributed to critical health needs and help the poorest and vulnerable households. The country depends largely on the rain-fed agriculture sector that represents one-third of the economy. Distribution services represent around 20% of GDP, and the mining sector represents 20% of the economy. Despite a high level of debt and poverty in the country, the outlook is optimistic, with real GDP growth forecast to recover to 5.7% this year.