Global GDP News
Cybercrime losses are greater in richer countries; however, the countries with the greatest losses are mid-tier nations.
IMF Managing Director Christine Lagarde on Sunday said she agreed with G20 leaders' call for expeditious implementation of the quota and governance reforms at the global financial institution.
The statement said that the global economy is being held back by a shortfall in demand, while addressing supply constraints is key to lifting potential growth.
Global economic output could rise by as much as an additional USD 2.6 trillion a year, or 2.2 percent, by 2030 if government policies improve energy efficiency, waste management and public transport, according to a World Bank report released on Tuesday.
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