OECD Raises Global Economic Growth Forecast to -4.5%
[Asia Economy Reporter Jo Yujin] The Organisation for Economic Co-operation and Development (OECD) projected that the global economy will record a growth rate of -4.5% this year, Bloomberg reported on the 16th (local time).
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This is a 1.5 percentage point upward revision from the June forecast (-6%), reflecting an assessment that the global economic conditions have somewhat improved, mainly in major countries.
This content was produced with the assistance of AI translation services.
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