OECD updates G20 Summit on outlook for global economy

OECD Updates

Image by Gerhard Gellinger from Pixabay

Efforts to contain virus and save lives should be intensified, and governments should plan stronger, more coordinated measures to absorb growing economic blow. Increasingly stringent containment measures needed to slow the spread of the Coronavirus (Covid-19) will necessarily lead to significant short-term declines in GDP for many major economies, according to new OECD projections.

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