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CA (Dr) Sanjeev Kumar Singhal, Central Council Member from ICAI chaired the ISAR session during the World Investment Forum being held in Abu Dhabi. | Education News
The United Nations Conference on Trade and Development (UNCTAD) revised Wednesday Türkiye's economic growth forecast for this year raising it to 3.7%...
In its recently released report ‘Pakistan development update October 2023: restoring fiscal sustainability’ the...
The United Nations trade body called on Wednesday for global growth to be revived by reducing inequalities between countries and for top central banks to play a bigger role in stabilising the world economy. In its 2023 Trade and Development Report, the United Nations Conference on Trade and Development (UNCTAD) said that growing inequalities among countries were contributing to weak global demand and limiting investment and growth.
The UN Conference on Trade and Development (UNCTAD) expects global economic growth to decelerate to 2.4% in 2023, meeting the criteria for a global recession. The report calls for a change in policy direction, including by leading central banks, to avert a lost decade. It highlights divergent post-pandemic recovery, with some economies demonstrating resilience while others face challenges.