November 05, 2024 17:00 (IST)
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World Bank downgrades global growth forecasts, poorest countries hardest hit

World Bank downgrades global growth forecasts, poorest countries hardest hit

New York, June 7 (IBNS): The World Bank has lowered its expectations of global economic growth for this year in a new report. It says that, although the picture for poorer countries is expected to stabilize in 2020, economic momentum remains weak.