News Snapshot:
[post] ] The global economy is pegged to grow by 4 per cent in 2022 after expanding by 5.5 per cent in 2021, and grow 3.5 per cent in 2023 in wake of the new waves of COVID-19 infections, rising inflation, labour market challenges, and supply-chain constraints, as per a UN report published on Thursday. Titled ‘United Nations World Economic Situation and Prospects (WESP) 2022’, the report highlighted that the sturdy recovery in 2021, driven by robust consumer spending and some pick up in investment, along with trade in goods crossing pre-pandemic levels, marked the highest growth rate in over...
