The global economy is growing at 3.2% this year, a substantial drop from 6% last year, with an even gloomier outlook for next year, according to Finance Minister Arkhom Termpittayapaisith after the Apec Finance Ministers' Meeting on Thursday.
Mr Arkom announced the forecast as part of the result of the meeting, which was attended by finance ministers and representatives of the 21 economic areas in the Asia-Pacific Economic Cooperation (Apec).
