Q. Which institution released the ‘World Economic Situation and Prospects report’?
Answer:
UN
Notes: World Economic Situation and Prospects report was released recently by the UN. According to this report, the global economic growth is expected to 2.3 percent in 2023.
The report also expected a 2.5 per cent growth in 2024. The growth rate is still well below the average growth rate in the two decades before the pandemic of 3.1%.