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| Name | World Bank report predicts South Asia to be fastest growing emerging market in 2024-2025 |
| Video Uploader | Video From Al Jazeera English |
| Upload Date | This Video Uploaded At 02-04-2024 15:15:00 |
| Video Discription | A report by the World Bank shows South Asia is expected to remain the fastest-growing emerging market in the next two years. It predicts growth of 6 to 6.1 percent in 2024 into 2025, largely because of India's strong economic performance. But, private sector investment has slowed since the Pandemic, dropping from 7.2% before 2019, to 3.5% in the past three years. The report notes only 59% of South Asia's working-age population is employed. That's compared with 70% in other emerging markets. The report also says South Asia is vulnerable to the impact of climate change. On average, it says, 60 million people a year have been affected by natural disasters since 2010. Al Jazeera’s Minelle Fernandez has more on South Asia's economy from the Sri Lankan capital, Colombo. Subscribe to our channel: http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website: https://www.aljazeera.com/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile #WorldBank #SouthAsia #Economy #SriLankaEconomy #SouthAsiaEconomy #IMF |
| Category | News & Politics |
| Tags | Al Jazeera | Al Jazeera English | India economy | South Asia | South Asia economy | South Asia to be fastest growing emerging market | South Asia's economy | Sri Lanka | Sri Lanka economy | World Bank | World Bank report | al Jazeera | al jazeera English | al jazeera live | al jazeera video | aljazeera English | aljazeera latest | aljazeera live | aljazeera live news | business and economy | economy | fastest-growing emerging market | latest news | news headlines |
