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Xinhua world economic news summary at 1230 GMT, Oct. 5

Tags: bank economic

ULAN BATOR -- The World Bank has projected a 5.1-percent growth for Mongolia's economy in 2023, a slight downward revision from 5.2 percent in April, local media reported on Thursday.

In its newly-released East Asia and the Pacific Economic Update October 2023, the bank also lowered the growth forecast for next year from the previous 6.3 percent to 6.1 percent. (Mongolia-GDP-World Bank)

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TOK



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Xinhua world economic news summary at 1230 GMT, Oct. 5

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