According to a Reuters report in Washington on June 8, the World Bank raised its global economic growth forecast for 2021 to 5.6% on Tuesday local time, marking the strongest recovery from the recession in 80 years.
According to the report, the World Bank’s latest “Global Economic Outlook” report shows that the bank’s economic outlook is 1.5% higher than in January.
The World Bank said in the report: “In the context of extremely unequal access to vaccines, this recovery is uneven, reflecting to a large extent some major economies-especially those that benefit from important financial support. The U.S. — a sharp rebound.”
The report pointed out that the World Bank’s 2021 economic growth forecast for the United States increased by 3.3 percentage points from January to 6.8%. Expectations for the Eurozone are raised by 0.6 percentage points to 4.2%. The forecast for China is raised by 0.6 percentage point to 8.5%.