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“Trade and Development Foresights 2025” Report
April 24 , 2025
17 hrs 0 min
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- This report was titled “Trade and Development Foresights 2025 – Under Pressure: Uncertainty Reshapes Global Economic Prospects”.
- It was released by the UN Trade and Development (UNCTAD).
- The global level growth is expected to decline to just 2.3 per cent.
- 35 out of 68 low-income countries are in or near debt distress.
- India has been listed among the countries that are propelling growth with higher government expenditure and monetary policy stimulus.
- South–South trade (among developing nations) now makes up ~1/3 of global trade.
- The report projected China’s growth rate at 4.4 per cent, while the US economy is expected to grow at 1 per cent.
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