Global Economic News

OECD Trims Global Growth Projection; Calls For Policy Action

The Organisation for Economic Cooperation and Development downgraded global growth outlook for next year and called for determined policy action to achieve sustainable and inclusive growth.

The world economy is projected to shrink 4.2 percent this year before rebounding 4.2 percent in 2021, the Paris-based agency said in its economic outlook, released Tuesday.

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by RTTNews Staff Writer

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