{"id":3039,"date":"2024-06-14T00:02:14","date_gmt":"2024-06-14T00:02:14","guid":{"rendered":"https:\/\/exam.pscnotes.com\/current-affairs\/?p=3039"},"modified":"2024-06-14T00:02:14","modified_gmt":"2024-06-14T00:02:14","slug":"world-banks-global-economic-prospects-report","status":"publish","type":"post","link":"https:\/\/exam.pscnotes.com\/current-affairs\/world-banks-global-economic-prospects-report\/","title":{"rendered":"World Banks Global Economic Prospects Report"},"content":{"rendered":"

The report notes that, Global economic Growth<\/a> will decrease sharply to 4.1% in 2022 and 3.2% in 2023, from 5.5% in 2021.<\/p>\n

It projects Indias annual growth to be 8.3% in the fiscal year 2021-2022, 8.7% in 2022-23, while 6.8% in 2023-24.<\/p>\n

It also flagged the risks posed by rising and growing inequality.<\/p>\n

It noted that, after having recovered in 2021, global economy<\/a> is headed towards pronounced slowdown, because of new Covid-19 variants, increasing inflation, debt & income inequality, reducing fiscal & monetary support and decreasing demand.<\/p>\n","protected":false},"excerpt":{"rendered":"

The report notes that, Global economic Growth will decrease sharply to 4.1% in 2022 and 3.2% in 2023, from 5.5% in 2021. It projects Indias annual growth to be 8.3% in the fiscal year 2021-2022, 8.7% in 2022-23, while 6.8% in 2023-24. It also flagged the risks posed by rising and growing inequality. It noted … Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[595],"tags":[780],"class_list":["post-3039","post","type-post","status-publish","format-standard","hentry","category-current-affairs","tag-12-01-22"],"yoast_head":"\nWorld Banks Global Economic Prospects Report - Current Affairs Exam<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/exam.pscnotes.com\/current-affairs\/2024\/06\/14\/world-banks-global-economic-prospects-report\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"World Banks Global Economic Prospects Report\" \/>\n<meta property=\"og:description\" content=\"The report notes that, Global economic Growth will decrease sharply to 4.1% in 2022 and 3.2% in 2023, from 5.5% in 2021. It projects Indias annual growth to be 8.3% in the fiscal year 2021-2022, 8.7% in 2022-23, while 6.8% in 2023-24. It also flagged the risks posed by rising and growing inequality. It noted ... 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It projects Indias annual growth to be 8.3% in the fiscal year 2021-2022, 8.7% in 2022-23, while 6.8% in 2023-24. It also flagged the risks posed by rising and growing inequality. It noted ... 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