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World Bank projects global economy to grow by 4 pct in 2021

Xinhua | Updated: 2021-01-06 00:49

FILE PHOTO: A man is silhouetted against the logo of the World Bank at the main venue for the International Monetary Fund (IMF) and World Bank annual meeting in Tokyo October 10, 2012. [Photo/Agencies]

WASHINGTON - The global economy is on track to grow by 4 percent in 2021, assuming vaccination for COVID-19 becomes widespread throughout the year, the World Bank Group said in its latest Global Economic Prospects released Tuesday.

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