WASHINGTON, D.C.: The World Bank slashed its growth forecast for the global economy in 2016 on Wednesday (Thursday in Manila), citing “disappointing” growth in major emerging-market economies like China and Brazil.
The bank cut its June forecast for global economic expansion in 2016 by 0.4 percentage point to 2.9 percent, though that is still faster than 2015’s sluggish 2.4 percent.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.