UN to launch updated outlook for global economy
PRESS BRIEFING
Thursday, 16 May 2024, 12:30 pm (EDT)
Live on UN WebTV
The report is under embargo until 16 May 2024, 12:30 pm EDT
The mid-year update of the World Economic Situation and Prospects 2024 will provide the latest assessment of the global economic situation. Global economic prospects have improved since the forecast released in January 2024, but the outlook is only cautiously optimistic. Continuing high interest rates, debt difficulties, and geopolitical risks jeopardise stable and sustained economic growth. Ever-worsening climate shocks pose additional challenges to global economic outlook, threatening decades of development gains, especially for least developed countries and small islands developing States.
The report also discusses how the demand for critical minerals has grown rapidly, as the deployment of low-carbon technologies gathers pace. The critical minerals sector presents new opportunities for many developing countries, but effective management of mineral resources remains essential to realise positive outcomes for the Sustainable Development Goals and avoid the negative ones.
WHAT Press briefing to launch the mid-year update of the World Economic Situation and Prospects 2024
WHO Shantanu Mukherjee, Director, Economic Analysis and Policy Division, UN DESA
Hamid Rashid, Chief, Global Economic Monitoring Branch, Economic Analysis and Policy Division, UN DESA
WHEN Thursday, 16 May 2024, 12:30 pm (EDT)
WHERE UN Press Briefing Room, S-237 (Live on http://webtv.un.org)
The report will be available on 16 May, 12:30 pm (EDT) at: https://desapublications.un.org/
Hashtag: #WorldEconomyReport
Media contacts:
Francyne Harrigan, UN Department of Global Communications, harriganf@un.org
Bingjie Wang, UN Department of Global Communications, bingjie.wang@un.org
Helen Rosengren, UN Department of Economic and Social Affairs, rosengrenh@un.org
UN EXPERT INTERVIEW OPPORTUNITIES
Global outlook
Mr. Shantanu Mukherjee, Director, Economic Analysis and Policy Division (English)
Mr. Hamid Rashid, Chief, Global Economic Monitoring Branch (English)
Mr. Grigor Agabekian, Economic Affairs Officer (Russian)
Mr. Ingo Pitterle, Senior Economic Affairs Officer (German)
Mr. Sebastian Vergara, Economic Affairs Officer (Spanish)
Ms. Zhenqian Huang, Economic Affairs Officer (Chinese)
Regional outlooks
North America
Mr. Hamid Rashid, Chief, Global Economic Monitoring Branch (English)
Mr. Ingo Pitterle, Senior Economic Affairs Officer (English, German)
Europe
Mr. Ingo Pitterle, Senior Economic Affairs Officer (English, German)
Commonwealth of Independent States & South-Eastern Europe
Mr. Grigor Agabekian, Economic Affairs Officer (English, Russian)
Africa
Ms. Nelly Rita Muriuki, Associate Economic Affairs Officer (English)
Ms. Katarzyna Rokosz, Associate Economic Affairs Officer (English)
Mr. Yasuhisa Yamamoto, Economic Affairs Officer (English)
East Asia and the Pacific
Ms. Zhenqian Huang, Economic Affairs Officer (English, Chinese)
Mr. Yasuhisa Yamamoto, Economic Affairs Officer (English)
South Asia
Ms. Danyira Perez, Associate Economic Affairs Officer (English, Spanish)
Western Asia
Ms. Berna Dogan, Economic Affairs Officer (English)
Latin America & the Caribbean
Mr. Sebastian Vergara, Economic Affairs Officer (English, Spanish)