World Bank sees oil price affecting growth
"If the price remains between $40 and $50 (per barrel) for a year we know that world growth will go down by 0.1 percent or 0.2 percent," he told Reuters on the sidelines of a conference on public spending. "If the price goes up again it will be more serious."
The global economy is expected to expand by more than 4.6 percent this year, according to the
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