World Bank Warns of Global Recession, Cuts Growth Forecasts for Most Countries
In an annual report, the World Bank said it had slashed its forecast for global growth this year by nearly half.
As we step into the second week of 2023, the world bank on Tuesday warned of the global recession. The world bank said that the "new shocks" could tip the global economy into a recession. In an annual report, the World Bank said it had slashed its forecast for global growth this year by nearly half. Recession To Hit a Third of World in 2023, Warns IMF Chief Kristalina Georgieva.
World Bank Warns of Global Recession:
JUST IN - World Bank warns "new shocks" could tip the global economy into a recession, slashing growth forecasts for most countries.
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(The above story first appeared on LatestLY on Jan 10, 2023 08:33 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).
