A recent report states that the global economy is projected to grow by approximately 4% in 2022, following a decline of 3.5% in 2021. The improvement is attributed to the easing of pandemic restrictions and increased vaccination rates. Advanced economies are expected to expand by 3.8%, while emerging markets and developing economies are forecasted to grow by 4.9%. However, inflation rates are also expected to rise, with consumer prices predicted to increase by 3% globally. Furthermore, global trade volume is projected to increase by 10.6%. The report highlights the importance of continued policy support to sustain economic recovery and address ongoing challenges.