World Bank Changes China's Growth Forecast

World Bank Changes China's Growth Forecast
World Bank Changes China's Growth Forecast

The World Bank revised its growth forecasts for the world economy and the Chinese economy this year, raising it. In the latest Global Economic Outlook report released by the World Bank yesterday, it was stated that the world economy will grow by 0,4 percent, with an increase of 2,1 points compared to the forecast in January, and the Chinese economy will grow by 1,3 percent with an increase of 5,6 points compared to the January forecast.

In the report, which draws attention to the fact that if the Russia-Ukraine conflict continues and the monetary policy continues to shrink in order to prevent inflation, the growth rate in the world economy will be noticeably lower this year compared to the previous year. points were recorded.

In the report, the US economy is 1,1 percent this year, 0,8 percent next year, 0,4 percent this year and 1,3 percent next year in the Eurozone, Japan's economy is 0,8 percent this year and 0,7 percent next year. expected to grow.