As Guyana continues to parade its credentials as one of the world’s ‘developing countries’ that seems set to ‘lift off’ into a developmental orbit, much of the rest of the world, and more particularly, developing and underdeveloped countries are wading troughs of thickening poverty-spawned socio economic decline that is showing no sign of abating, according to World Trade Organization (WTO) Director-General Ngozi Okonjo-Iweala.
Speaking on Monday at the WTO summit in Abu Dhabi, United Arab Emirates, the WTO head asserted that the global economy continues to be hard pressed to bear the weight of the “war, uncertainty and instability” that continues to place an increasingly unbearable burden on the global economy, reportedly urging the international community to move quickly to embrace reforms even as impending general elections across nearly half of the world’s population portend new challenges.
