World Bank raises forecast for global growth for first time in 3 years

Jan 15 2014, 21:24 IST
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World Bank sees stronger growth as rich economies expand. World Bank sees stronger growth as rich economies expand.
SummaryWorld Bank has predicted global gross domestic product (GDP) will expand 3.2 per cent in 2014.

bank said that while risks to its global outlook, including a sharp rebalancing in China, a protracted recovery in the euro zone, and fiscal policy uncertainty in the United States, have not been eliminated, they have subsided.

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