World Bank warns uneven global recovery leaving poor nations behind

The original article can be found here.

Article highlights:

  • Fueled by widespread COVID-19 vaccinations in advanced nations, the world economic recovery has picked up speed;
  • The upbeat outlook obscures a worrying picture in poor nations;
  • The global economy is now expected to grow 5.6 percent this year;
  • The report also cuts the forecast for low-income countries for this year and next, and the group is expected to expand by only 2.9 percent, the slowest growth in two decades other than 2020.