The global economy is entering a period of slower growth, higher inflation, and limited fiscal space, placing additional pressure on investment and the business environment, said World Bank Group Regional Director for Prosperity in Western and Central Africa Abebe Adugna during the third Regional Economic Conference of the American Chambers of Commerce (ARES) in Sofia. According to him, the World Bank has revised down its forecast for global economic growth to around 2.5% in 2026, one of the lowest levels since the COVID-19 pandemic [...]