Wednesday, January 14, 2015 09:58
BAGHDAD / follow Baghdadi News / ... expect the World Bank, said on Wednesday that the global economy is experiencing moderate growth this year after a weaker-than-expected growth in 2014.
Bank predicted in a report on Global Economic Prospects report, and I followed / Baghdadi News / global growth rate of 3% in 2015, following a growth rate of 2.6% last year, citing the more powerful in the United States and Britain, despite weak growth in the euro area and Japan.
The bank reported that "developing countries will grow by 4.8% compared to 4.4% last year."
It is expected that "some agricultural crop prices and low interest rates and monetary policy in the major economies disparate impact and weak global trade growth."
The report stated that "the sharp decline in oil prices since mid-2014 will support global activity will help offset some of the headwinds for growth in oil-importing developing economies."
However, the report said that "the decline in oil prices will lead to lower growth rate in the exporting countries."
The World Bank warned that "weak growth in Europe, Japan, or a sharp decline in Chinese growth could increase the risks for the global economy." Ended 21 / l
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