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G20 vows to boost global GDP by $2 trillion in next 5 years

Last Updated: Saturday, April 12, 2014, 22:25

G-20 members said they would ensure that their comprehensive growth strategies to be presented at the Brisbane Summit outline ambitious, realistic and concrete measures to achieve strong, sustainable and balanced growth.

Global economic growth hits 32-month high in October: PMIs

Last Updated: Wednesday, November 06, 2013, 23:52

Global economic growth accelerated in October to a 32-month high, bolstered by a solid improvement in new business, a survey showed on Wednesday.

World Bank forecasts 2.2% global growth this year

Last Updated: Thursday, June 13, 2013, 13:46

Developing country GDP is now projected to be around 5.1 percent in 2013, strengthening to 5.6 percent and 5. 7 percent in 2014 and 2015, respectively.

Safeguard economic growth: World Bank to developing countries

Last Updated: Wednesday, January 16, 2013, 09:25

According to the World Bank report in 2012, developing countries recorded among their slowest economic growth rates of the past decade.

Govt debts crossed $41 trillion globally in 2010: McKinsey

Last Updated: Monday, August 15, 2011, 14:01

The total amount of debt incurred by governments across the world jumped to a staggering USD 41.1 trillion last year, accounting for 69 percent of the global GDP, because of stimulus packages and anaemic economic growth, says a report.