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Thursday, May 23, 2024
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World Bank

World Bank highlights weakened Global Economy, but India and US bright spots

In a recent address to the media in Marrakesh, Morocco, World Bank Chief Economist Indermit Gill expressed growing concerns about the state of the global economy. Despite the overall outlook remaining weak, the major economies India and the United States will continue to show a resilient performance.

World Bank projects India’s GDP growth at 6.3% amidst Global challenges

The World Bank has released its latest India Development Update (IDU), forecasting India's GDP growth rate to be 6.3% for the financial year 2023-2024, despite facing increasing global economic headwinds.
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