OECD Sees Strongest Global Economic Expansion for Almost Half a Century

COVID-19: OECD sees growth, fears ‘headwinds’

The Organisation for Economic Co-operation and Development (OECD) yesterday raised its global GPD growth forecast for this year, but warned that “too many headwinds persist” as not enough COVID-19 vaccines are reaching emerging economies, making the world vulnerable to variants. The world economy would expand by 5.8 percent this year, up from a previous estimate of 5.6 percent, the Paris-based organization said in a report. This follows a massiv…

OECD revises up global GDP forecast

The Organization for Economic Co-operation and Development (OECD) revised its global gross domestic product forecast to 5.8% for 2021, up from 5.6% in its

OECD raises growth forecasts on vaccine rollouts, U.S. stimulus By Reuters

OECD raises growth forecasts on vaccine rollouts, U.S. stimulus

The US economy is set to grow at the fastest pace since 1984 thanks to stimulus and the rapid vaccine rollout, the OECD said

The OECD said US growth was already picking up, aided by President Joe Biden's $1.9 trillion stimulus package and the speedy rollout of vaccines.

OECD raises 2021 global growth outlook while cutting Japan forecast

The world's gross domestic product is projected to grow 5.8% in 2021, up from 5.6% previously forecast in March.

OECD Sees Higher World GDP Growth But Fears 'Headwinds'

The OECD raised its 2021 global GDP growth forecast Monday but warned that "too many headwinds persist" as not enough Covid vaccines are reaching emerging economies, making the world vulnerable to variants. The world economy will expand by 5.8 percent this year, up from a previous estimate of 5.6 percent, the Paris-based Organisation for Economic Co-operation and Development said in a report. This follows a massive global recession last year tha…