Explanation:

• A new report, ‘The Global Slavery Index 2023’, by the Walk Free Foundation, highlights the increasing prevalence of modern slavery worldwide, with the number of people living in such conditions reaching 50 million—an alarming 25% rise in the past five years. 

• According to the Global Slavery Index 2023, an estimated 50 million people were living in modern slavery on any given day in 2021, an increase of 10 million people since 2016. Asia and the Pacific has the largest number of people in modern slavery.

Hence both statements are correct.