Global Economy Projected to Witness Fastest Post-Recession Pace In 80 Years albawaba.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from albawaba.com Daily Mail and Mail on Sunday newspapers.
The global economy will grow 5.6% - the most in 80 years - in 2021, the World Bank said Tuesday. Yet emerging economies will largely fall behind due to debt
WASHINGTON The Chinese economy is on track to grow by 8.5 percent in 2021, up 0.6 percentage point from a previous projection, the World Bank Group said in its latest Global Economic Prospects released on Tuesday.
The Chinese economy is on track to grow by 8.5 percent in 2021, up 0.6 percentage point from a previous projection, the World Bank Group said in its latest Global Economic Prospects released on Tuesday.
Global inequality is likely to widen this year as a small number of major economies power the fastest recovery in 80 years while many poorer countries struggle to return to pre-pandemic income levels, the World Bank said. The global economy is set to grow by 5.6% this year, up from a January forecast of 4.1%, .