Press Release

Protracted period of low growth looms large, undermining progress on sustainable development, warns UN flagship economic report

Weakening global trade, high borrowing costs, elevated public debt, persistently low investment, and mounting geopolitical tensions put global growth at risk

New York, 4 January – Global economic growth is projected to slow from an estimated 2.7 per cent in 2023 to 2.4 per cent in 2024, trending below the pre-pandemic…