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The informal economy, also known as the shadow or underground economy, refers to economic activities that are, in the majority of cases, not registered or regulated by the government.
The banker’s call to action resonated deeply with attendees, as he highlighted the importance of adapting to the ever-changing landscape of the financial services sector.
They complained that a number of planned water infrastructure projects have failed to take off, stalled or are moving at a slow pace due to funding challenges.