{"id":75818,"date":"2016-05-12T21:50:38","date_gmt":"2016-05-13T01:50:38","guid":{"rendered":"https:\/\/canadianinquirer.net\/v1\/?p=75818"},"modified":"2025-01-20T15:02:06","modified_gmt":"2025-01-20T20:02:06","slug":"world-economy-grow-just-2-4-2016-un","status":"publish","type":"post","link":"https:\/\/canadianinquirer.net\/v1\/2016\/05\/12\/world-economy-grow-just-2-4-2016-un\/","title":{"rendered":"World economy to grow by just 2.4% in 2016 &#8211; UN"},"content":{"rendered":"<figure id=\"attachment_11745\" aria-describedby=\"caption-attachment-11745\" style=\"width: 1000px\" class=\"wp-caption alignnone\"><a href=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/05\/global-economy.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-11745\" src=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/05\/global-economy.jpg\" alt=\"ShutterStock image\" width=\"1000\" height=\"667\" srcset=\"https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/05\/global-economy.jpg 1000w, https:\/\/canadianinquirer.net\/v1\/wp-content\/uploads\/2014\/05\/global-economy-300x200.jpg 300w\" sizes=\"auto, (max-width: 1000px) 100vw, 1000px\" \/><\/a><figcaption id=\"caption-attachment-11745\" class=\"wp-caption-text\">ShutterStock image<\/figcaption><\/figure>\n<p>UNITED NATIONS\u2014As world economic growth remains weak, world gross product will grow by just 2.4 percent in 2016, the same pace as in 2015, said a UN report here on Thursday.<\/p>\n<p>This marked a downward revision of 0.5 percentage points from UN projections in December 2015.<\/p>\n<p>The World Economic Situation and Prospects as of mid-2016 report, released by the UN Department of Economic and Social Affairs, pointed out that persistent weakness in aggregate demand in developed economies remains a drag on global growth.<\/p>\n<p>Low commodity prices, mounting fiscal and current account imbalances as well as policy tightening have further dampened prospects for many commodity-exporting economies in Africa, Latin America and the Caribbean, it added.<\/p>\n<p>&#8220;Economic activity in the world economy remains lackluster, with little prospect for a turnaround in 2016,&#8221; it noted.<\/p>\n<div style=\"position:absolute;left:-99195px;\"> buy levitra soft online <a href=\"https:\/\/www.medicalterpenes.com\/wp-content\/uploads\/2025\/01\/png\/levitra-soft.html\">https:\/\/www.medicalterpenes.com\/wp-content\/uploads\/2025\/01\/png\/levitra-soft.html<\/a> no prescription pharmacy <\/div>\n<p><\/p>\n<p>In addition, China&#8217;s economy is projected to grow by 6.<\/p>\n<div style=\"position:absolute;left:-99195px;\"> buy clomiphene online <a href=\"https:\/\/www.medicalterpenes.com\/wp-content\/uploads\/2025\/01\/png\/clomiphene.html\">https:\/\/www.medicalterpenes.com\/wp-content\/uploads\/2025\/01\/png\/clomiphene.html<\/a> no prescription pharmacy <\/div>\n<p>4 percent in 2016 and 6.5 percent in 2017, in line with the government target, said the report.<\/p>\n<p>Lenni Montiel, assistant secretary-general for economic development, said a more balanced policy mix is needed to rejuvenate global growth and to create favorable conditions for the world&#8217;s sustainable development.<\/p>\n<div style=\"position:absolute;left:-99195px;\"> buy oseltamivir online <a href=\"https:\/\/www.medicalterpenes.com\/wp-content\/uploads\/2025\/01\/png\/oseltamivir.html\">https:\/\/www.medicalterpenes.com\/wp-content\/uploads\/2025\/01\/png\/oseltamivir.html<\/a> no prescription pharmacy <\/div>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>UNITED NATIONS\u2014As world economic growth remains weak, world gross product will grow by just 2.4 percent in 2016, the same &hellip;<\/p>\n","protected":false},"author":33,"featured_media":11745,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19],"tags":[6277,10695],"class_list":["post-75818","post","type-post","status-publish","format-standard","has-post-thumbnail","category-business","tag-economic-growth","tag-world-economy","mauthors-philippine-news-agency"],"_links":{"self":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/75818","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/users\/33"}],"replies":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/comments?post=75818"}],"version-history":[{"count":1,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/75818\/revisions"}],"predecessor-version":[{"id":286222,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/posts\/75818\/revisions\/286222"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media\/11745"}],"wp:attachment":[{"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/media?parent=75818"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/categories?post=75818"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/canadianinquirer.net\/v1\/wp-json\/wp\/v2\/tags?post=75818"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}