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World Bank’s Global Economic Prospects Update
June 13 , 2021
1264 days
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- According to this, the Global economy is expected to expand 5.6 per cent in 2021.
- This would be the fastest post-recession pace in 80 years because of strong rebounds from a few major economies.
- US growth is projected to 6.8 percent in 2021.
- China will rebound to 8.5 percent.
- Rebound in group of developing countries, other than China, is expected to be 4.4 percent.
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