COVID-19 variants, rising debt, threaten global economic growth: World Bank |
While economic growth experienced a strong rebound in 2021, it is expected to decline markedly from 5.5 per cent last year to 4.1 per cent in 2022, and drop to 3.2 per cent in 2023. Disruption and deceleration Given the rapid spread of the Omicron variant, the COVID-19 pandemic will continue to disrupt economic activity […]