Economic growth in least developed countries is again on the upswing, with real GDP growth expected to climb to 5.7% in 2020, but still falling short of the 7% target. Unemployment is back to pre-financial crisis levels and labor productivity has been increasing worldwide, with consistently positive annual growth rates since 2010, but wide disparities can be found among regions.

The purpose of ESCWA is to stimulate economic activity in member States, strengthen cooperation between them and promote development.

VISION
In harmony with the universal ideals of the United Nations, ESCWA aspires to induce positive Economic and Social change for lasting development in the Arab region.

ESCWA works in partnership with the governments of the region and inspires citizens to harness their inherent potential to build a solid foundation for progress and prosperity.

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