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World Bank revises downward global economic growth to 2.9%

World Bank revises downward global economic growth to 2.9%

The bank in its January 2019 Global Economic Prospects, said “Growth among advanced economies is forecast to drop to 2 percent this year. Joseph Inokotong, Abuja The World Bank has projected global economic growth to fall from 3 percent recorded in 2018 to 2.9 percent in 2019 amid rising downside risks to the outlook. Nigeria […]
The post World Bank revises downward global economic growth to 2.9% appeared first on The Sun Nigeria. …

World Bank announces 5-year $200bn investment for climate action

World Bank announces 5-year $200bn investment for climate action

In 2018, the World Bank Group provided a record-breaking $20.5 billion for climate action: doubling delivery from the year before the Paris Agreement… Joseph Inokotong, Abuja The World Bank Group yesterday in Washington DC announced a major new set of climate targets for 2021-2025, doubling its current five-year investments to around $200 billion in support […]
The post World Bank announces 5-year $200bn investment for climate action appeared first on The Sun Nigeria. …

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