World Bank says the global is economy is growing steadily, but not fast enough to help ease poverty
- The World Bank reports that the global economy is growing steadily but not fast enough to ease poverty, expecting a 2.7% expansion in 2025 and 2026.
- Growth in low- and middle-income countries is projected at 4.1% this year, with a slight decline to 4% in 2026, according to the World Bank.
- The United States' GDP is forecasted to grow by 2.3% this year, while the Eurozone's growth is downgraded to 1% from 1.4%.
- India is expected to maintain a 6.7% growth rate this year and next, surpassing China's decelerating economy, which is projected to grow by 4.5% in 2025.
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Coverage Details
Total News Sources0
Leaning Left5Leaning Right4Center2Last UpdatedBias Distribution45% Left
Bias Distribution
- 45% of the sources lean Left
46% Left
L 46%
C 18%
R 36%
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