News / Gloomy picture as global economic indicators predict a tough year

Global Economy Photo 86869038 © Tudor Antonel Adrian Dreamstime.com

01/02/2023

Any further major financial shocks could see the global economy sink into recession, according to a World Bank global forecast.

Otherwise, the World Bank expects a sharp deceleration in global growth to 1.7%, “its third-weakest pace in nearly three decades, overshadowed only by the 2009 and ...

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