A participant stands near a logo of World Bank at the International Monetary Fund - World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018.
The bank's report projects that growth in the region would slow to 2.1 percent this year from 5.8 percent in 2019 under a “baseline” forecast in which economic recovery takes hold this summer. A slowdown of the size being projected by the World Bank for such a critical part of the global economy would have severe effects for the rest of the world.
Source: Financial Digest (financialdigest.net)
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