Washington, Jan 13 (IANS) The global economy is showing greater resilience than expected despite historic trade tensions and policy uncertainty, with growth projected to remain broadly steady over the next two years, the World Bank said on Tuesday.In its latest Global Economic Prospects report, the World Bank said that global growth is projected to ease to 2.6 per cent in 2026 before edging up to 2.7 per cent in 2027, an upward revision from earlier forecasts.The stronger-than-anticipated perfor…
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Washington, Jan 13 (IANS) Pakistan’s economy is expected to remain largely stagnant, with growth hovering around 3 per cent, as structural weaknesses and climate shocks continue to weigh on activity, the World Bank said on Tuesday.The World Bank estimates Pakistan’s economy grew 3.0 per cent in FY2024-25 and projects growth to remain at 3.0 per cent in FY2025-26, before edging up modestly to 3.4 per cent in FY2026-27, according to its latest Global Economic Prospects report.The report said r…