New Delhi:
The United Nations report states that there is a 6.5 percent increase in India in 2025 in 2025, and on the ongoing monetary ease of 6.5 percent, even the world economy is on the trajectory of a recession, which is inspired by increasing trade tension and constantly uncertainty, the United Nations report said.
The United Nations Trade and Development (UNCTAD) launched its new report, ‘Trade and Development Forestes 2025 – Under Pressure: Uncertainty resumes global economic possibilities’ said that global development is estimated to slow down by 2.3 percent in 2025, which keeps the world economy on a recession.
The report released on Wednesday cited increasing threats, including the increase in business policy shocks, financial instability, and uncertainty that derails the global approach.
The report stated that India is estimated to increase by 6.5 percent in 2025, which is slightly lower than a 6.9 percent increase in 2024, but still maintains its position as the fastest growing major economy.
Unctad “It is estimated that India will increase by 6.5 percent of continuous strong public expenses and ongoing monetary ease in 2025. In early February, the central bank’s decision to cut interest rate in interest rate for the first time in five years will promote the central bank’s decision to promote private investment plans along with supporting domestic consumption.
UNCTAD said that the South Asia region would increase by 5.6 percent in 2025, as declining inflation opens the way for monetary loose in most areas.
“Nevertheless, food value instability will remain a risk and the dynamics of complex debt will be burdened with economies like Bangladesh, Pakistan and Sri Lanka.”
The report states that the world economy is on a recession trajectory, which is inspired to increase trade stress and frequent uncertainty. Growing trade stresses are affecting global trade, with UNCTAD that recent tariff measures are interrupted and reduced prediction.
“Trade policy uncertainty is on a historic high”, report note, “and it is already translating and reducing recruitment in late investment decisions”.
The recession will affect all countries, but UNCTAD is concerned about developing countries and especially the weakest economies.
Many low -income countries face “the right storm” to deteriorate external financial conditions, unstable debt and domestic development. UNCTAD underlines the real threat to economic development, investment and development progress, especially for the weakest economies.
The United Nations agency indicated the development of trade among developing countries (South-South Trade) as a source of flexibility. Already accounting for approximately one-third of global trade, “South-South Economic Integration provides opportunities for many developing countries”, the report states.
UNCTAD urges conversations and interactions with construction, strong regional and global policy coordination on existing trade and economic relations.
“Coordinated action will be necessary to restore confidence and keep development on track,” the report said.
(Except for the headline, the story has not been edited by NDTV employees and is published by a syndicated feed.)
