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Global Economic Prospects Report
January 16 , 2022
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- It was released by the World Bank.
- The report notes that Global economic growth will decrease sharply to 4.1% in 2022.
- It also flagged the risks posed by rising inflation and growing inequality
- However, India stands at a relatively bright spot.
- It projects India’s annual growth to be 8.3% in the fiscal year 2021-2022.
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