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The global economy is expected to expand 5.6% in 2021

Many Developing Countries Struggle with the Pandemic’s Lasting Effects

4 mins read

The FINANCIAL -- The global economy is expected to expand 5.6% in 2021, the fastest post-recession pace in 80 years, largely on strong rebounds from a few major economies. However, many emerging market and developing economies continue to struggle with the COVID-19 pandemic and its aftermath, the World Bank says in its June 2021 Global Economic Prospects, according to World Bank.…

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Many Developing Countries Struggle with the Pandemic’s Lasting Effects

4 mins read

The FINANCIAL -- The global economy is expected to expand 5.6% in 2021, the fastest post-recession pace in 80 years, largely on strong rebounds from a few major economies. However, many emerging market and developing economies continue to struggle with the COVID-19 pandemic and its aftermath, the World Bank says in its June 2021 Global…