World Bank slashes economic outlook for China to 2.8 pc

Sep 29, 2022

Beijing [China], September 29 : The World Bank on Tuesday slashed China's 2022 economic growth projection to 2.8 per cent, pointing to Beijing's "zero-COVID"...

World Bank says Sri Lanka's economic outlook uncertain, needs urgent policy measures

Apr 14, 2022

Colombo [Sri Lanka], April 14 : Sri Lanka needs urgent policy measures to address its high levels of debt and debt service, reduce the...

Global economic growth outlook plunges to 2.3 per cent, says World Bank

Jun 10, 2025

The World Bank on Tuesday lowered its 2025 global growth forecast to 2.3 per cent, down from 2.7 per cent previously expected.

Fitch Ratings lowers world growth forecast due to escalation in global trade war

Apr 17, 2025

Fitch Ratings has sharply lowered its forecasts for world growth in response to the severe escalation in the global trade war, lowering world growth...

ADB raises growth forecast for developing Asia to 5.0 per cent, calls India as the region's fastest-growing economy

Jul 18, 2024

The Asian Development Bank (ADB) kept the Indian economic growth forecast unchanged at 7 per cent for fiscal year 2024 in the latest Asian...

Faced with 'darkening' outlook, IMF set to downgrade global growth

Jul 14, 2022

New Delhi [India], July 14 : Faced with a "darkening" economic outlook, the International Monetary Fund (IMF) is set to further downgrade global growth...