Global economy to expand by 2.4% in 2013

Jan 16, 2013 12:00 AM

The World Bank stated that it expects global economic growth to stand at 2.4 percent during the current year, reported Xinhua News.
The bank said that in 2013, the world economy would stay weak even though the balance of risks has enhanced compared with recent years.
It added that global economy in 2014 would grow to 3.1 percent and would expand further to 3.3 percent in 2015.

According to the bank, world economy expanded slightly by 2.3 percent in 2012.

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