Thursday, 28 January 2021, 6:44 pm
Pandemic is threatening to reverse the
progress that the regions have made towards advancing
sustainable development
Bangkok,
28 January — The United Nations today warned that
the devastating socio-economic impact of the COVID-19
pandemic will be felt for years to come unless smart
investments in economic, societal and climate resilience
ensure a robust and sustainable recovery of the global
economy.
In 2020, the world economy shrank by 4.3 per
cent, over two and half times more than during the global
financial crisis of 2009. The modest recovery of 4.7 per
cent expected in 2021 would barely offset the losses of
2020, says the latest World Economic Situation and