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Tag "Global Economic Prospects"

World Bank: Global economic slowdown in 2023 will ‘hit developing countries hard’

The World Bank says a sharp, long-lasting slowdown is expected to hit developing countries hard this year as the global economy weakens. The bank said this in its latest ‘global

World Bank raises Nigeria’s growth forecast to 1.8%

The World Bank says Nigeria’s economy is expected to expand at a moderate rate of 1.8 percent this year and edging up to 2.1 percent in 2022. The bank stated

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