World Bank Downgrades Global GDP to 4.1% for FY22


World Bank has downgraded the world’s GDP to 4.1% for FY22 in its latest Global Economic Prospect report, after seeing strong rebound of 5.5% in FY21 due to the spread of new variant of Covid-19, debt and income inequality and rising inflation.


Source: Global Economic Prospects (worldbank.org)

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