Only Modest Economic Growth Projected, for Next Two Years- UN Says

New York, Safar 28, 1437, December 10, 2015, SPA — The world economy will expand only modestly in the next two years after global growth plateaued at 2.4 per cent in 2015, according to a UN report published Thursday, dpa reported.

The World Economic Situation and Prospects report found that lower commodity prices, macroeconomic uncertainties, volatility in exchange rates and stagnant investment growth have led to a meager increase in 2015, which had been previously expected to reach 2.9 per cent growth.
01:10 LOCAL TIME 22:10 GMT