“Promote inclusive and sustainable economic growth, employment and decent work for all” – The 8th United Nations Sustainable Development Goal deals with providing economic growth for all.
Steady and sustained economic growth helps in improving living standards as it helps to create more jobs and progress. But the local and global economic growth has been hampered by various international challenges and health crises. The pandemic has left the world open to another global recession in particular fields which could be worse than that of one that occurred during the 2008 financial crisis. There has been extreme volatility in raw material pricing, availability, industrial production. All these factors could slow the already fragile economic growth, leading to poverty.
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To know more about UN SDG-8, visit https://sdgs.un.org/goals/goal8