UN. ECA Committee of Experts of the Conference of African Ministers of Finance, Planning and Economic Development (41st Meeting: 2023, Mar. 15-17: Addis Ababa, Ethiopia)
Global economic activity slowed in 2022, owing to a decline in growth among major economies, with growth rates in China, the European Union, the United Kingdom of Great Britain and Northern Ireland and the United States of America anticipated at 3.0 per cent, 3.1 per cent, 3.6 per cent and 1.6 per cent, respectively, which is substantially lower than the growth witnessed in 2021. The decline, mainly driven by the conflict between the Russian Federation and Ukraine, has exacerbated the social and economic effects of the coronavirus disease (COVID-19) pandemic. The conflict erupted just as the African economies were recovering from the adverse effects of the pandemic, thereby posing a further threat to the prospects for economic growth in Africa.
| Format: | Conference document biblioteca |
|---|---|
| Language: | eng |
| Published: |
2023-02
|
| Online Access: | https://hdl.handle.net/10855/49641 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|