CIS

According to the WESP 2020, sluggish global growth threatens sustainable development; 1 in 5 countries will see per capita incomes stagnate or decline this year, notably in Africa, Latin America and parts of Western Asia; across the world, many policies continue to encourage the use of fossil fuels

Russian Federation commits to halving poverty by 2024 China turns to pro-growth measures to mitigate the impact of the trade disputes Fiscal pressures creating significant policy challenges in Latin America

According to the World Economic Situation and Prospects (WESP) 2017, the world economy remains trapped in a prolonged period of slow growth Weak investment is a major cause of the slowdown in global growth East Asia and South Asia remain the world’s most dynamic regions

Commodity price rout dampens regional growth prospects China emphasized the need to improve productivity through policies on the supply side of the economy Bank of Japan adopts a negative interest rate