World Bank issues grim economic forecast
Jun 7th 2022 11:34am EDT
The global economy is facing weak growth and high inflation, the report says The World Bank (WB) has cut its global growth projection for this year from 4.1% to 2.9%, warning that many countries are likely to face recession. “Amid the war in Ukraine, surging inflation, and rising interest rates, global economic growth is expected […]
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