UNCTAD Report: Tepid Growth, Support for G90

Posted 10/7/23

UNCTAD’s Trade and Development Report, released last week, paints a bleak future for the global economy. The report indicates that world economic output growth is anticipated to slow down to 2.4% in 2023, before experiencing a slight increase to 2.5% in 2024. These figures represent some of the lowest growth rates observed over the past four decades, barring crisis years.

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