United Nations is set to launch the latest outlook for the global economy on Jan. 4, outlining measures to stimulate growth and accelerate progress towards the Sustainable Development Goals (SDGs).
In a statement issued on Thursday, the UN said: "The world economy continues to face multiple crises, jeopardizing progress towards the Sustainable Development Goals (SDGs). Although global economic growth outperformed expectations in 2023 with several large economies showing remarkable resilience, simmering geo-political tensions and the growing intensity and frequency of extreme weather events have increased underlying risks and vulnerabilities."
It noted that tight financial conditions also pose increasing risks to global trade and industrial production.
The UN World Economic Situation and Prospects 2024 will present an outlook for the global economy and underscore the importance of global cooperation and prudent policies to lift global growth and accelerate progress towards the SDGs.
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