76pc global CEOs expect return to growth this year

block

Business Desk :
One year after Covid-19 was declared a pandemic, CEOs are voicing record levels of optimism in the global economic recovery, with 76% of global business leaders predicting that economic growth will improve in 2021.
The percentage of CEOs expressing confidence in growth is up from 22% in 2020 and 42% in 2019, representing the highest level of optimism since the survey started asking this question in 2012, , according to PricewaterhouseCoopers’s (PwC) 24th Annual Global CEO Survey released on 11 March. The survey polled 5,050 CEOs in 100 countries and territories between January and February 2021. Optimism among CEOs over global economic growth is particularly strong in North America and Western Europe, with 86% and 76% of CEOs, respectively, from these regions predicting improved global growth in the year ahead. “After a year of human tragedy and extensive economic hardship, it is encouraging to see that the people responsible for making investment decisions and hiring staff are feeling cautiously optimistic about the year ahead.” said Bob Moritz, chairman of the PwC Network.

block