Ukraine war will slow down post-Covid recovery in South Asia: World Bank – ET Auto


Source: newswwc.com newswwc.com

Key Topics in this News Article:

News Snapshot:

Washington: The World Bank has said in a new report that the war in Ukraine will slow down South Asian countries recovery from economic devastation caused by the Covid-19 pandemic, though the impact on India will be "moderate" compared to some of other countries that are already feeling the brunt of it.The World Bank said that the Indian economy will grow at 8 pert cent, which is slightly less than 2021, dding that the lingering impact of the investment programmes will keep the economy growing in the first half of 2022-23. "The negative impact of the war in Ukraine on...