Moody’s Expects The Global Economy to Recover by 5.7% This Year

Moody’s, the credit rating agency, expected in a research note issued today, Thursday, that the global economy is likely to recover by 5.7% this year, after it contracted by 3.6% last year, with the expansion of vaccinations with the Corona vaccine, despite the uneven economic recovery in many regions of the world, and the high frequency of cases. With the new delta axis again.

Moody’s expected that the US economy would recover by 6.4% this year, and then Asian countries would achieve 6.1% growth during the same period, supported by the strengthening of economic growth in China and India, which decided to ease the restrictions of closures recently.