Africa: Flagship Economic Report Highlights Why Global Cooperation Is Key
[ad_1] The UN's World Economic Situation and Prospects report for 2024 projects a slowdown in global growth from an estimated 2.7 per cent in 2023 to 2.4 per cent in 2024. The flagship forecast launched in New York on Thursday indicates that last year's stronger-than-expected GDP growth coming out of the COVID-19 pandemic masked short-term risks and structural vulnerabilities in the world economy. The sombre short-term outlook is based on persistently high interest rates, further escalation of conflicts, sluggish international […]