The global economy is expected to grow by 4.7% this year, above September 2020 estimates (4.3%), in part due to a stronger recovery in the United States, where progress in vaccine dose distribution and a new package of financial incentives worth $ 1.9 trillion are expected to boost consumption, according to a UNCTAD report. However, the global economy will not recover the $ 10 trillion by the end of 2021, an amount it would have recorded if the pandemic had not broken out, and will continue to face concerns about the realities behind the rhetoric regarding a more resilient future.
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