2023
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Which institution released the ‘World Economic Situation and Prospects 2023’ report?
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World Bank
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United Nations
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World Economic Forum
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Asian Development Bank
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Explanation:
Detailed explanation-1: -The World Economic Outlook Report is released by the International Monetary Fund (IMF). IMF is an international financial institution, headquartered in Washington, D.C., USA.
Detailed explanation-2: -The correct answer is The World Bank. ‘Global Economic Prospects’ is a World Bank Group flagship report.
Detailed explanation-3: -We continue to expect a recession, beginning this quarter, though we believe it will last just two quarters. We now forecast 0% change in regional economic output in 2023, an upgrade from our previous expectation of a 0.5%–1% contraction.
There is 1 question to complete.