World bank warns global economic recovery

Bangkok, 20 Jan-(ANA)-The global economic recovery will slow later this year as the impact of fiscal stimulus wanes, a new report from the World Bank has said.

The  Financial markets remain troubled and private sector demand lags amid high unemployment,

the new report said.

Global Economic Prospects 2010 warns that while the worst of the financial

crisis may be over, the global recovery is fragile. It predicts that the

fallout from the crisis will change the landscape for finance and growth over

the next 10 years. (ANA)

FA/ANA/20 January 2010----