World Economic Situation and Prospects Report Current Affairs, GK & News

UN report: World Economy Expected to regain 2020 losses

The United Nations World Economic Situation and Prospects report has said that, the world economy is expected to recover slightly by 4.7 percent in the year 2021. The economy had declined by 4.3 percent in 2020 because of COVID-19 pandemic. The report highlights that, this loss in 2020 was more than double the impact of ..

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United Nations releases World Economic Situation and Prospects Report, 2020

The United Nations recently released the World Economic Situation and Prospects Report, 2020. According to the report, the world economy is to shrink by 3.2% in 2020. The GDP growth in developed countries will decline to -0.5% in 2020. Highlights: India The report says that the growth rate of India in 2018 was 6.8% and ..

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