UNCTAD calls for global action to spur growth by reducing global inequality
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The United Nations Conference on Trade and Development (UNCTAD) has issued its 2023 Trade and Development Report, urging global efforts to revive economic growth.
"There is no clear driving force to propel the world economy onto a robust and sustainable recovery track," it said.
In a statement accompanying the report, UNCTAD Secretary-General Rebeca Grynspan said there was a need for a balanced policy mix of fiscal, monetary and supply-side measures to achieve financial sustainability and boost investment.
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