Global economic growth is projected to soften from a downwardly revised 3 percent in 2018 to 2.9 percent in 2019 amid rising downside risks to the outlook, the World Bank’s Global Economic Prospects says.

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Half the world's population still cannot access needed health services. Denial of health care is a waste of human capital.

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A medical officer at the Magomeni Health Center in Dar es Salaam, Tanzania examines a patient. ? Arne Hoel/World Bank
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Growth among advanced economies is forecast to drop to 2 percent this year, the January 2019 Global Economic Prospects says. Slowing external demand, rising borrowing costs, and persistent policy uncertainties are expected to weigh on the outlook for emerging market and developing economies. Growth for this group is anticipated to hold steady at a weaker-than-expected 4.2 percent this year. Read More.

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