Global economy to expand by 4% in 2021: World Bank
Published 05 Jan,2021 via Daily News Egypt - The global economy is expected to expand by 4% in 2021, the World Bank has announced in its January 2021 Global Economic Prospects.
This expansion assumes that an initial rollout of a vaccine for the novel coronavirus (COVID-19) becomes widespread throughout the year.
The report noted that a recovery, however, will likely be subdued, unless policy makers move decisively to tame the pandemic and implement investment-enhancing reforms.
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