{"id":29610,"date":"2024-04-19T09:11:09","date_gmt":"2024-04-19T09:11:09","guid":{"rendered":"https:\/\/www.africa-press.net\/eritrea\/all-news\/un-body-revises-world-gdp-forecast-upwards"},"modified":"2024-04-19T09:36:12","modified_gmt":"2024-04-19T09:36:12","slug":"un-body-revises-world-gdp-forecast-upwards","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/eritrea\/all-news\/un-body-revises-world-gdp-forecast-upwards","title":{"rendered":"UN body revises world GDP forecast upwards"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Eritrea. <\/strong><\/span>The UN Conference on Trade and Development (UNCTAD) has revised its world GDP forecast upwards from 2.5% to 2.7% for 2023 and from 2.5% to 2.6% for 2024.<\/p>\n<p>&#8220;The risks that threatened to substantially slow down global economic growth in 2023 did not fully materialize,&#8221; said a Tuesday press release.<\/p>\n<p>Some economies \u2013 including major ones, such as China, India, Indonesia, Russia, and the US \u2013 escaped the financial trouble that loomed earlier in the year, UNCTAD said.<\/p>\n<p>It increased its forecast for the US from 1.9% to 2% for 2024; from 1.2% to 1.5% for the eurozone; from 0.4% to 0.5% for the UK; from 1.9% to 2.6% for Russia; and from 4.8% to 4.9% for China.<\/p>\n<p>On the other hand, it cut the forecast for some countries, including Germany (1.1% to 0.9%), Canada (1% to 0.8%), and Australia (1.5% to 1.4%).<\/p>\n<p>It increased its expectations for the Turkish economy for 2024 from 1.9% to 3.6%.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/eritrea\">Eritrea<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Eritrea. The UN Conference on Trade and Development (UNCTAD) has revised its world GDP forecast upwards from 2.5% to 2.7% for 2023 and from 2.5% to 2.6% for 2024. &#8220;The risks that threatened to substantially slow down global economic growth in 2023 did not fully materialize,&#8221; said a Tuesday press release. Some economies [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":29608,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[242,243,233,477],"class_list":["post-29610","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-eritrea","tag-eritrea","tag-unctad"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>UN body revises world GDP forecast upwards - Eritrea<\/title>\n<meta name=\"description\" content=\"The UN Conference on Trade and Development (UNCTAD) has revised its world GDP forecast upwards from 2.5% to 2.7% for 202 ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/eritrea\/all-news\/un-body-revises-world-gdp-forecast-upwards\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"UN body revises world GDP forecast upwards\" \/>\n<meta property=\"og:description\" content=\"The UN Conference on Trade and Development (UNCTAD) has revised its world GDP forecast upwards from 2.5% to 2.7% for 202 ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/eritrea\/all-news\/un-body-revises-world-gdp-forecast-upwards\" \/>\n<meta property=\"og:site_name\" content=\"Eritrea\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2024-04-19T09:11:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-04-19T09:36:12+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2024\/04\/sm_1713503028.641395.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"864\" \/>\n\t<meta property=\"og:image:height\" content=\"486\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/un-body-revises-world-gdp-forecast-upwards#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/un-body-revises-world-gdp-forecast-upwards\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"UN body revises world GDP forecast upwards\",\"datePublished\":\"2024-04-19T09:11:09+00:00\",\"dateModified\":\"2024-04-19T09:36:12+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/un-body-revises-world-gdp-forecast-upwards\"},\"wordCount\":147,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/un-body-revises-world-gdp-forecast-upwards#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/eritrea\/sites\/27\/2024\/04\/sm_1713503028.641395.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Eritrea\",\"Eritrea\",\"UNCTAD\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/eritrea\/all-news\/un-body-revises-world-gdp-forecast-upwards#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/un-body-revises-world-gdp-forecast-upwards\",\"url\":\"https:\/\/www.africa-press.net\/eritrea\/all-news\/un-body-revises-world-gdp-forecast-upwards\",\"name\":\"UN body revises world GDP forecast upwards - 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