CURRENT AFFAIRS

2019

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which international organisation has published its latest World Economic Situation and Prospects (WESP) report?
A
IMF
B
WHO
C
World Bank
D
United Nations
Explanation: 

Detailed explanation-1: -This report has been published by the Department of Economic and Social Affairs (DESA) of the UN.

Detailed explanation-2: -Highlight Of Global Economic Prospects Report IMF had previously said that global growth is forecast to slow from 6% in 2021 to 3.2% in 2022 and 2.7% in 2023.

Detailed explanation-3: -A Survey by the IMF staff usually published twice a year. It presents IMF staff economists’ analyses of global economic developments during the near and medium term.

Detailed explanation-4: -Global growth is forecast to slow from 6.0 percent in 2021 to 3.2 percent in 2022 and 2.7 percent in 2023. This is the weakest growth profile since 2001 except for the global financial crisis and the acute phase of the COVID-19 pandemic.

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