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Economic outlook for next two years sobering:ECOSOC report

Economic outlook for next two years sobering:ECOSOC report

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The outlook for the global economy for next two years is sobering.

That was the conclusion of a recent analysis of the world’s economy by the UN Department of Economic and Social Affairs. Economic growth worldwide, it said, is predicted to expand at a pace far below potential.

Word of this came as the General Assembly on Monday discussed the world’s economic prospects under the theme “the global economic outlook”.

Gerry Adams reports.

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