UN raises global economic growth outlook on increased US consumer spending ...News

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UN raises global economic growth outlook on increased US consumer spending
source : Russia Today ( News ) () 15
Global economic growth will accelerate faster than expected this year, according to renewed data announced by the United Nations Conference on Trade and Development (UNCTAD). UNCTAD expects the global economy to grow by 4.7% in 2021 compared to the previously forecast 4.3%. “The global recovery that began in the third quarter of 2020 is expected to continue through 2021, albeit with a good deal of unevenness and unpredictability, reflecting epidemiological, policy and coordination uncertainties,” the report titled, ‘Out of the frying pan… into the fire?’ reads. Also on rt.com

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