Displaying items by tag: economies
Saturday, 02 March 2024 03:23
World Bank warns of third consecutive year of economic slowdown in developing economies
Against a backdrop of weak trade and investment, high interest rates, high debt levels and rising debt service payments, growth in developing economies is projected to be low for the third consecutive year in 2024.
Published in
Economy
Tagged under
Tuesday, 15 February 2022 04:48
Developing economies face the risk of a "hard landing"
According to a World Bank (WB) report, it predicts that global growth will slow sharply as countries begin to face the third year of the COVID-19 pandemic.
Published in
Economy
Tagged under
Wednesday, 26 January 2022 01:41
IMF forecasts world growth to moderate to 4.4% in 2022
The International Monetary Fund (IMF), for the global economy, 2022 is starting off on weaker-than-expected terms. As the new omicron variant of the COVID-19 virus progresses, countries have once again instituted mobility restrictions.
Published in
Economy