Last year the World Bank lowered its 2024 global growth forecast to 2.4% from 2.7% previously, citing the tightening cycle of central banks around the world.
Last year the World Bank lowered its 2024 global growth forecast to 2.4% from 2.7% previously, citing the tightening cycle of central banks around the world.
The world economy is in a difficult situation, the president of the world BankAjay Banga, on the sidelines of a G20 meeting in the Indian city of Gandhinagar.
Last year the World Bank lowered its 2024 global growth forecast to 2.4% from 2.7% previously, citing the tightening cycle of central banks around the world.
“The fact is that the world economy is in a difficult place,” he said. “He’s surpassed what everyone thought, but that doesn’t mean there aren’t going to be more challenges.”
“Forecast does not equal fate. We can change fate, that is what we should think about now,” Banga added.
Source: Ambito
