The World Bank’s Global Economic Prospects report found that “international discord” surrounding trade has “upended many of the policy certainties that helped shrink extreme poverty and ...

The World Bank on Tuesday slashed its global growth forecast for 2025 by four-tenths of a percentage point to 2.3%, ... The report forecast that global trade would grow by 1.8% in 2025, ...

June 27 (Reuters) - The goal of ending extreme poverty around the globe remains elusive partly due to compounding challenges faced by economies in fragile and conflict-affected situations (FCS) ...

Expansion in global output is forecast to slow to 2.3 percent in 2025 from 2.8 percent last year, the World Bank said in its Global Economic Prospects report. That is down from the 2.7 percent ...

In its report, the World Bank downgraded its expectation for global GDP growth this year to 2.3% from the 2.7% it had forecast in January. That’s based on the assumption that tariffs worldwide ...

The BJP pointed to a fall in the Gini Index — from 28.8 in 2011–12 to 25.5 in 2022–23 — as a sign of declining income inequality.