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Tag: economists

Global growth forecast to slow to 1.9% in 2023, warn UN economists
  • United Nations

Global growth forecast to slow to 1.9% in 2023, warn UN economists

PNP DeskJanuary 25, 2023September 9, 202408 mins

This will be one of the lowest growth rates in recent decades, apart from during the 2007-8 financial crisis and the height of the COVID-19 pandemic. “In most countries we expect that private consumption and investment will weaken due to inflation and higher interest rates”, said Ingo Pitterle, Senior Economist at the UN Department of…

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Press Network of Pakistan (PNP), registered with the Government of Pakistan since January 2011, is an Islamabad-based global newswire service that takes pride about its unbiased news reporting both in English and Urdu languages.

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