Press Conference: UN DESA on the launch of the World Economic Situation and Prospects (WESP) report 2025

Briefing by Mr. Li Junhua, Under-Secretary-General for Economic and Social Affairs, Mr. Shantanu Mukherjee, Director, Economic Analysis and Policy Division at UN DESA and Mr. Hamid Rashid, Chief, Global Economic Monitoring Branch, Economic Analysis and Policy Division at UN DESA, on the launch of the World Economic Situation and Prospects (WESP) report 2025.

• Categories: Media / Press Conferences
• Video Length: 00:43:11
• Production Date: 9 January 2025
• Asset Language: English
• Personal Subject: SHANTANU MUKHERJEE
• Corporate Name: DEPARTMENT OF ECONOMIC AND SOCIAL AFFAIRS - DESA
• Subject Topical: ECONOMIC SITUATION; ECONOMIC CONDITIONS; WORLD ECONOMY; PERIODIC REPORTS; SUSTAINABLE DEVELOPMENT GOALS; MARKET ECONOMY; STATISTICS; BANKING; ECONOMICS; INVESTMENT; TRADE; DEVELOPING COUNTRIES; DEVELOPED COUNTRIES; FOREIGN INVESTMENTS; FINANCING; DEVELOPMENT FINANCE; FINANCIAL SITUATION; INTERNATIONAL MONETARY SITUATION
• MAMS Id: 3328352
• Parent Id: 3328257

Description

Lower inflation and monetary easing offer relief, but trade tensions, high debt burdens, and geopolitical risks cloud the outlook Despite falling inflation, improving labour market conditions, and monetary easing, global growth is projected to remain below the pace seen before the pandemic, and the world economy continues to face significant uncertainties. 

This continues to gravely impact progress towards the Sustainable Development Goals (SDGs), especially for many developing countries that are still suffering from the accumulated impacts of successive crises. 

The UN World Economic Situation and Prospects 2025 presents the global and regional economic outlooks for the coming year, underscoring the importance of global cooperation and prudent policies to lift growth and place it on a stable and equitable pathway that can accelerate progress towards the SDGs. 

This year’s thematic chapter takes a deep dive into the subject of critical minerals for the energy transition that can ramp up climate action while presenting opportunities for many developing countries to create jobs, generate public revenues, and reduce poverty and inequality. 

Guests: 

• Under-Secretary-General for Economic and Social Affairs, Li Junhua Director, Economic Analysis and Policy Division at UN DESA
• Shantanu Mukherjee Chief, Global Economic Monitoring Branch, Economic Analysis and Policy Division at UN DESA
• Hamid Rashid Chief, Global Economic Monitoring Branch, Economic Analysis and Policy Division at UN DESA

Moderator: Ms. Martina Donlon. 

The WESP report will also be launched regionally in Bangkok, Beirut, Geneva, Mexico, Moscow and New Delhi in early January.

Related Sites and Documents

WESP 2025 Announcement

WESP Report 2025