The World Bank estimates that the global economy will grow at 7.5 percent in 2021

(PTI) Washington, Ta. 8

The global economy is expected to grow at 7.5 per cent in 2021, the World Bank said in a recent report. This will be the highest growth rate of the global economy in the last 20 years. According to the report, the global economy is expected to grow at 7.5 per cent this year on strong recovery in some major economies. However, the growth rate is still two per cent lower than previously estimated by the Corona epidemic.

The World Bank's recent Global Economic Prospects also state that many emerging markets and developing economies will continue to struggle against the Corona epidemic.

According to World Bank Group President David Malpas, the signs of a global recovery are welcome. However, corona has increased poverty and inequality in the developing world.

If we talk about the major economies of the world, the economic growth of the United States is estimated to be 7.5 percent this year. In terms of developing countries, China's economic growth is projected at 7.5 percent. Emerging markets and a group of developing countries are projected to grow at 8%.

The per capita income of emerging markets and developing economies is projected to be lower than previous levels of the Koro epidemic. In addition, these countries will see a decline in people's health, education and living standards.