ShippingWatch

The World Bank cuts growth projections for 2016

The World Bank has reduced its growth projections for the global economy in 2016. The prospect of growth surpassing three percent has thus gone down the drain.

Photo: APM TERMINALS

The growth in 2016 will not be as high as initially anticipated, writes the World Bank, which has lowered its growth projections for the the global economy, reports news agency AFP.

Gobal growth is now expected to come to 2.9 percent in 2016, which is a decline of 0.4 percentage points since June, when the last prognosis was released.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs