The World Trade Organisation has downgraded the global GDP forecast for FY 2022 to how much?

A. 3.1 percent

B. 2.8 percent

C. 2.5 percent

D. 2.0 percent

Explanation:

The World Trade Organization (WTO) has downgraded its forecast for global GDP growth in Financial Year 2022 to 2.8 percent from the previously predicted 4.1 percent. The world GDP is expected to grow by 2.8% in 2022, down by 1.3 percentage points from the previous forecast, as per WTO report. The report stated that the global GDP growth should pick up to 3.2 percent in 2023.