The UN on Thursday said it projects the global economy will moderate slightly this year as shifting trade policies, financial risks and geopolitical tension cloud the outlook.
The world body estimated that global economic growth would decline slightly from 2.8 per cent last year to 2.7 per cent this year. It also expects growth to pick up to 2.9 per cent in 2027, still below the pre-pandemic average.
“A combination of economic, geopolitical and technological tension is reshaping the global landscape, generating new economic uncertainty and social vulnerabilities,” UN Secretary General Antonio Guterres said.
US President Donald Trump's tariff agenda sent shock waves through global trade last yea
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