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OECD sees higher global economic growth but warns uneven recovery Xinhua | Updated: 2021-06-01 10:26 Share CLOSE Aerial photo taken on June 20, 2020, shows the Nanshan district of Shenzhen, South China s Guangdong province. [Photo/IC]
PARIS - Prospects for the world economy have brightened, but the recovery is likely to remain uneven and dependent on the effectiveness of public health measures and policy support, said the Organization for Economic Cooperation and Development (OECD) on Monday.
Its economic outlook projected the world economy would grow 5.8 percent this year and 4.4 percent next year, up from an initial forecast of 5.6 percent and four percent respectively.
2021-05-31 14:05:44 GMT2021-05-31 22:05:44(Beijing Time) Xinhua English
PARIS, May 31 (Xinhua) Prospects for the world economy have brightened, but the recovery is likely to remain uneven and dependent on the effectiveness of public health measures and policy support, said the Organization for Economic Cooperation and Development (OECD) on Monday.
Its economic outlook projected the world economy would grow 5.8 percent this year and 4.4 percent next year, up from an initial forecast of 5.6 percent and four percent respectively. Effective vaccination programmes in many countries has meant today s economic outlook is more promising than at any time since the start of this devastating pandemic, said OECD Secretary-General Angel Gurria.