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The Economic Times
The Economic Times
National

World Bank cuts global growth forecast to 2.5%; India seen growing 6.6% amid Iran war

Iran World Bank India Economy United States Economic Growth

WASHINGTON - The economic fallout from the Iran war - higher energy prices and increased uncertainty - will drag down global growth this year, the World Bank said Thursday.

The 189-country anti-poverty agency expects the world economy to grow just 2.5% this year, its weakest performance since the COVID-19 pandemic upended global commerce six years ago.

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