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UN body raises global economic growth forecast for 2021 to 4.7pc

Sumary of UN body raises global economic growth forecast for 2021 to 4.7pc:

  • The upwards revision from its previous forecast made last September factors in an expected boost in US consumer spending on the back of progress distributing Covid-19 vaccines and a vast stimulus package in the US…
  • — Reuters pic― Reuters pic GENEVA, March 18 — The global economy is set to grow by 4.7 per cent this year thanks to a stronger-than-expected recovery in the United States, a report by the UN Conference on Trade and Development (UNCTAD) said today, revising up its previous forecast of 4.3 per cent…
  • The upwards revision from its previous forecast made last September factors in an expected boost in US consumer spending on the back of progress distributing Covid-19 vaccines and a vast stimulus package, the report said….

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