UN’s GDP Forecast

BANKING AND ECONOMY

  • The United Nation released a report which projected India’s GDP for the financial year 2021-22.
  • The UN downgraded the GDP by 2% from 6.7% to 4.6% due to shocks from the Ukraine war and changes in macroeconomic policies in this financial year.
  • The report was released by the UN Conference on Trade and Development (UNCTAD).
  • The GDP of other economies forecasted - USA (2.4%), China (4.8%), Russia (-7.3%).

Facts to know:

 

  • UNCTAD was established in 1964.
  • Headquarters of UNCTAD: Geneva, Switzerland.
  • Secretary-General of UNCTAD: Mr. Rebeca Grynspan.
UN’S GDP FORECAST

Never search for

exam resources

Get them delivered to you

Email Subscription
preparing for jeet

Preparing for Govt. Exams?

Here is you path to Jeet

View courses