Economic recovery Current Affairs, GK & News

APEC Trade Ministers Meeting

May 23, 2022

Representatives of the United States, Japan, and three other countries had briefly walked out of an Asia-Pacific Economic Cooperation (APEC) trade ministers’ meeting on 21st May 2022 to protest against Ukraine’s invasion by Russia. This is a two-day meeting that was held in Bangkok, Thailand.  In this meeting, discussions were held on trade and investment ..

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World Bank Report- Shifting Gears: Digitization and Services-Led Development

October 8, 2021

As per World Bank’s report titled “Shifting Gears: Digitization and Services-Led Development”, Indian economy is expected to increase by 8.3% in the fiscal year 2021-2022. Key findings of report As per report, in the next financial year, India’s economic prospects will be determined by its pace of vaccination against covid-19 and successful implementation of agriculture & ..

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World Bank’s Global Economic Prospects Update

June 9, 2021

According to the Global Economic Prospects Update released by World Bank, global economy is expected to expand 5.6 per cent in 2021. This would be the fastest post-recession pace in 80 years because of strong rebounds from a few major economies. Key Findings of prospects As per latest edition, many emerging markets & developing economies ..

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