Xinhua News Agency, United Nations, January 25 (Reporter Mao Lei) The United Nations released the "World Economic Situation and Prospects in 2023" report on the 25th, predicting that the world economic growth in 2023 will drop from about 3% in 2022 to 1.9%.
The report said that under the influence of the new crown epidemic, the Ukraine crisis, high inflation and climate change, the world economy will be hit hard in 2022, and the world economy will continue to be under pressure in 2023.
If some macroeconomic headwinds can start to fade, world economic growth could pick up to 2.7% in 2024.
The report said that the slowdown in world economic growth affects both developed countries and developing countries, and many countries face the risk of economic recession in 2023.
Weakening growth momentum in the United States, the European Union, and other advanced economies is adversely affecting the world economy in a number of ways.
The report predicts that China's economic growth will improve in 2023.
As the Chinese government optimizes epidemic prevention policies and adopts favorable economic measures, China's economic growth will accelerate this year and is expected to reach 4.8%.
The report believes that in order to deal with multiple global crises and bring the world back on track to achieve the UN's 2030 Sustainable Development Goals, it is imperative to strengthen international cooperation.
The international community urgently needs to increase its efforts in providing financial assistance to developing countries and reducing debt burdens.