The World Bank has cut nearly half a percentage point from its forecast on global growth at the start of the year, due to escalating trade tension and policy uncertainty. The new growth figures marks the slowest pace since 2008.
The Washington-based lender slashed its 2025 outlook to 2.3 percent,
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Wasiu Alli
Wasiu Alli is a business, economics cum data journalist with strong expertise covering macro trends, capital markets, government policies, corporate earnings and comparative economics analysis. Alli turns raw data into trends that not only tells compelling stories but nudges investors to make valued and informed decisions. He’s an alumnus of Lagos State University and trained at Lagos Business School. He formerly heads the Companies and Markets desk at BusinessDay where he writes and supervises the production of well researched articles on earnings updates, corporate sectoral comparisons, market intelligence as well as interviews with C-suite executives.
