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UN head of economic development on new World Economic Situation and Prospects 2017 report

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United Nations - Weak global growth continues to linger, posing a challenge to the implementation of the 2030 Agenda for Sustainable Development, a top UN economist has said, adding that the global gross product is projected to expand just 2.2 per cent in 2016 – the slowest rate of growth since the Great Recession of 2009. World gross product is projected to grow by 2.7 per cent in 2017 and 2.9 per cent in 2018, which is a slight downward revision from the forecasts made last May. Speaking to UN News ahead of the launch of the World Economic Situation and Prospects 2017, UN Department of Economic and Social Affairs (DESA) Assistant Secretary-General Lenni Montiel called for "deeper" international cooperation and stronger, "concerted policy effort" to stimulate investment and productivity. He also reiterated the importance of policies that support clean energy technology and combatting climate change, which impact economies in many countries.
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