Risk of financial ‘wasted decade’ for poor countries, World Bank warns

Coronavirus | The Guardian

Global economy set to slow for third year in 2024, with poor countries especially hard hit, body says The global economy is set to slow for a third successive year in 2024 and is now on course for its weakest half-decade of growth since the early 1990s, the World Bank has warned.The Washington-based organisation said poor countries were being especially hard hit by a series of setbacks since the arrival of the Covid pandemic and there was a risk that the 2020s would be a “wasted” decade. Continue reading…
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09/01/2024 – 18:04 /Larry Elliott Economics editor
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