ABC News on Nostr: World Bank says the global economy is growing steadily, but not fast enough to help ...
World Bank says the global economy is growing steadily, but not fast enough to help ease poverty
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The World Bank reports global economy growth at 2.7% for 2025 and 2026, matching 2023 and 2024; growth is 0.4 percentage points below the 2010-2019 average; developing economies' growth expected at 4.1% in 2025, slowing to 4% in 2026; growth in the poorest countries at 3.6% in 2024 due to conflict; U.S. GDP growth forecast at 2.3% for 2025, down from 2.8% in 2024; Eurozone GDP growth downgraded to 1% for 2025; China's growth expected to decelerate from 4.9% to 4.5% in 2025; India's growth projected at 6.7% for 2025 and 2026; World Bank chief economist Indermit Gill warns of tougher economic conditions for developing nations.
#WorldBank #GlobalEconomy #Poverty #GdpGrowth #Inflation #DevelopingEconomies #UsEconomy #China #India #Eurozone
https://abcnews.go.com/US/wireStory/world-bank-global-economy-growing-steadily-fast-ease-117754414
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The World Bank reports global economy growth at 2.7% for 2025 and 2026, matching 2023 and 2024; growth is 0.4 percentage points below the 2010-2019 average; developing economies' growth expected at 4.1% in 2025, slowing to 4% in 2026; growth in the poorest countries at 3.6% in 2024 due to conflict; U.S. GDP growth forecast at 2.3% for 2025, down from 2.8% in 2024; Eurozone GDP growth downgraded to 1% for 2025; China's growth expected to decelerate from 4.9% to 4.5% in 2025; India's growth projected at 6.7% for 2025 and 2026; World Bank chief economist Indermit Gill warns of tougher economic conditions for developing nations.
#WorldBank #GlobalEconomy #Poverty #GdpGrowth #Inflation #DevelopingEconomies #UsEconomy #China #India #Eurozone
https://abcnews.go.com/US/wireStory/world-bank-global-economy-growing-steadily-fast-ease-117754414