The World Bank released a report today forecasting strong global economic growth for the year 2005. The report highlights the significant contributions of developing nations to this projected expansion.

According to the World Bank, the anticipated growth is largely driven by increased trade, investment, and domestic demand in emerging markets. The report suggests that if current economic policies and trends continue, this positive trajectory is likely to be sustained.

However, the World Bank also cautioned against potential risks to this forecast, including rising oil prices, geopolitical instability, and the possibility of a slowdown in major developed economies. The report emphasizes the importance of continued sound economic management and structural reforms to ensure sustained growth and development worldwide.