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World Bank Cuts 2022 Growth Outlook for Western Balkans on Ukraine War

Rabu, 04 Mei 2022 | 15:15 WIB
World Bank Cuts 2022 Growth Outlook for Western Balkans on Ukraine War

ILUSTRASI. The World Bank cut its forecast for economic growth of six countries of the Western Balkans to 3,1% from 4,1% previously. REUTERS/Johannes P. Christo

Sumber: Reuters | Editor: Anastasia Lilin Yuliantina

KONTAN.CO.ID - SARAJEVO. The World Bank on Wednesday cut its forecast for economic growth of six countries of the Western Balkans to 3,1% from 4,1% previously. Citing risks from the Ukraine war following a rebound from the recession caused by the Covid-19 pandemic.

Albania, Bosnia, Kosovo, Montenegro, North Macedonia and Serbia recorded economic growth of 7,4% in 2021, after a contraction of 3,2% in 2020, marked by significant job creation. The lender said in its regular six-month report on the region.

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