The global economic context and its implications for sustainable development

The global economic outlook remains highly fragile and uncertain, clouded by the war in Ukraine and continued pandemic risks. Beyond the worsening humanitarian crisis, the economic effects from the war in Ukraine are reverberating across the world. In many countries, the war has exacerbated supply bottlenecks and further fuelled inflationary pressures, leading to rising risks of stagflation. A possible pandemic resurgence also remains a significant threat to the growth outlook of many countries.

Sustainable Development Goals:

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