World Bank forecasts 2024 global growth to slow for third consecutive year

World Bank forecasts 2024 global growth to slow for third consecutive year

The World Bank warned on Tuesday that global growth in 2024 is set to slow for a third year in a row, prolonging poverty and debilitating debt levels in many developing countries. Hamstrung by the COVID-19 pandemic, then the war in Ukraine and ensuing spikes in inflation and interest rates around the world, the first … Read more