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Global economy growing but not fast enough to help ease poverty: World Bank

Business Standard LogoBusiness Standard1d ago

Global economy growing but not fast enough to help ease poverty: World Bank - Business Standard

Quick Summary:

It just isn't growing fast enough to bring relief to the world's poorest, the World Bank said Thursday in its latest assessment of the global economy.

The bank expects the world economy to expand 2.7 per cent in 2025 and again in 2026.

The bank's latest Global Economics Prospects report, which comes out in January and June, did offer some good news.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-17 @ 07:04:35 (1 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 902 words

Reading Time: 6 minutes read

Sentences: 38 lines

Sentence Length: 24 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 25208914

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 194 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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