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World Bank cuts forecast for 2019 global economic growth to 2.6%

2019-06-05 6 Dailymotion

세계은행, 올해 성장률 전망 2.9→2.6% 하향… "상당한 위험요인"<br /><br />The World Bank has downgraded its global economic outlook for this year, citing a slowdown in global trade and weak investment.<br />Our Choi Si-young has this report. <br />In its biannual Global Economic Prospects report released on Tuesday, the World Bank forecast global growth to slow to two-point-six percent in 2019.<br />That's zero-point-three percentage points lower than its earlier projection of two-point-nine percent made in January. <br />Citing sluggish global growth and weak momentum, the Bank warned of downside risks, both in emerging markets and advanced economies, especially in Europe.<br />The president of the bank said debt management should be a priority, urging countries to initiate "structural reforms" for robust investment.<br />In the report, the bank left its forecast for U.S. economy unchanged at two-point-five percent this year, and one-point-seven percent in 2020.<br />The forecast for Europe and Central Asia stands at two-point-four percent.<br />China's economy is expected to grow by six-point-two percent, down from six-point-six percent in 2018,... with Japan's growth at point-eight percent this year.<br />The forecast for the East Asia and Pacific region stands at five-point-nine percent, down from six-point-three a year earlier,... and dropping below six percent for the first time since the 1997 Asian financial crisis.<br />Choi Si-young, Arirang News. <br />

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