Search For "global economic prospects report"
UAE economy expected to grow by 3.8% in 2025: World Bank
Updated : 2 years, 5 months ago IST
According to the Global Economic Prospects report released today, the World Bank forecast the growth in the Gulf Cooperation Council (GCC) countries to rise to 3.6 percent in 2024 and 3.8 percent in 2025, noting to last year's robust non-oil sector activity.
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China's estimated GDP growth rate out of reach for Beijing: World Bank
Updated : 3 years, 4 months ago IST
In China, growth is projected at 4.3 per cent in 2023--0.9 percentage points below previous forecasts. The second-largest economy in the world is now falling back in the race.
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World Bank cuts global growth estimate for 2023 over recession risks
Updated : 3 years, 5 months ago IST
According to the World Bank's latest Global Economic Prospects report, global growth is slowing sharply in the face of elevated inflation, higher interest rates, reduced investment, and disruptions caused by Russia's invasion of Ukraine.
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COVID-19 new variant, inflation to derail global economic recovery in 2022
Updated : 4 years, 4 months ago IST
Washington [United States], January 12 (ANI): Global economic growth will drop sharply from 5.5 per cent in 2021 to 4.1 per cent in 2022 and dip further to 3.2 per cent in 2023 due to fresh threats from COVID-19 variants and a rise in inflation, debt and income inequality, the World Bank sai
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Global economy to expand by 4 pc in 2021: World Bank
Updated : 5 years, 5 months ago IST
Washington DC [USA], January 6 (ANI): The global economy is expected to expand by 4 per cent in 2021, assuming an initial COVID-19 vaccine rollout becomes widespread throughout the year, the World Bank has said.
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World Bank pegs India's growth at 5 pc in FY20, projects recovery next yea
Updated : 6 years, 5 months ago IST
Washington DC [USA], Jan 9 (ANI): The World Bank has projected India's growth at five per cent in the current financial year 2019-20 which is set to recover to 5.8 per cent in the following fiscal year.
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