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World Bank predicts 2.7% global economic growth in 2017
Washington, Jan. 11 (Petra)- There will be only a moderate pick up in global economic growth during 2017, the World Bank has predicted.

Its Global Economic Prospects report is forecasting 2.7% growth compared with the 2.3% seen last year.

That slight strengthening will be driven mainly by improvements in emerging markets and developing economies, the Bank says.

But there is heightened uncertainty after the US Presidential election, according to the report.

The World Bank's new forecasts suggest we can expect the unconvincing global economic revival following the financial crisis to continue.

11/1/2017 - 03:53:52 PM

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