World Bank: Lowers 2022 global growth forecast to 2.9% from 4.1% in January By Frank_Macro Macroeconomics
for global growth in 2022 on Tuesday to 2.9% from their 4.1% estimate put out in January, Reuters reported. The World Bank said that the Ukraine war will reduce per capita income in developing economies by 5.0% from their pre-Covid-19 trend.
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