World Bank , Shares 'Grim Outlook' , For Global Economy in 2022.<br />The BBC reports that World Bank president <br />David Malpass has warned that the <br />global economy is facing a "grim outlook.".<br />The BBC reports that World Bank president <br />David Malpass has warned that the <br />global economy is facing a "grim outlook.".<br />According to Malpass, the bleak forecast <br />is the result of the ongoing pandemic impeding <br />growth, particularly in poor countries. .<br />According to Malpass, the bleak forecast <br />is the result of the ongoing pandemic impeding <br />growth, particularly in poor countries. .<br />The World Bank predicts that global growth will slow to 4% in 2022, as compared to 5.5% in 2021. .<br />Malpass said that his largest concern is widening global inequity, which leaves poorer countries especially vulnerable to economic damage. .<br />The big drag is the inequality <br />that's built into the system, David Malpass, World Bank president, via the BBC.<br />The outlook for the weaker countries <br />is still to fall further and further behind. <br />That causes insecurity, David Malpass, World Bank president, via the BBC.<br />The outlook for the weaker countries <br />is still to fall further and further behind. <br />That causes insecurity, David Malpass, World Bank president, via the BBC.<br />The reality is that Covid and <br />the shutdowns are still taking a huge <br />toll and that's especially true on people <br />in poorer countries. Just a grim outlook, David Malpass, World Bank president, via the BBC.<br />The BBC also reports that the World Economic Forum <br />warned that faltering economic recovery will make it harder <br />to collaborate on global challenges like climate change. .<br />The BBC also reports that the World Economic Forum <br />warned that faltering economic recovery will make it harder <br />to collaborate on global challenges like climate change. .<br />Widening disparities within and between <br />countries will not only make it more <br />difficult to control Covid-19 and its variants, <br />but will also risk stalling, if not reversing, <br />joint action against shared threats that <br />the world cannot afford to overlook, WEF Annual Global Risks Report, via the BBC.<br />Widening disparities within and between <br />countries will not only make it more <br />difficult to control Covid-19 and its variants, <br />but will also risk stalling, if not reversing, <br />joint action against shared threats that <br />the world cannot afford to overlook, WEF Annual Global Risks Report, via the BBC
