The World Bank has released its latest forecast, predicting strong global growth in 2006. The report cites the continued robust performance of developing countries as a key driver of this expansion.

Despite concerns regarding high oil prices and global imbalances, the World Bank believes that the global economy demonstrates considerable resilience. Emerging markets, in particular, are expected to maintain strong growth rates, contributing significantly to overall global economic activity.

The Bank’s analysis suggests that sound macroeconomic policies and structural reforms in many developing nations have created a more stable and favorable environment for investment and growth. However, the report also cautions that vigilance is required to manage potential risks and ensure sustainable development.