OECD Hikes 2021 World Growth Forecast To 5.6% On Vaccine, Stimulus Rollout

Mohammad Ali (@ChaudhryMAli88) Published March 09, 2021 | 03:30 PM

OECD hikes 2021 world growth forecast to 5.6% on vaccine, stimulus rollout

The OECD sharply hiked its 2021 global growth forecast on Tuesday as the deployment of coronavirus vaccines and a huge US stimulus programme greatly improve the economic prospects

Paris (APP - UrduPoint / Pakistan Point News - 9th Mar, 2021 ) :The OECD sharply hiked its 2021 global growth forecast on Tuesday as the deployment of coronavirus vaccines and a huge US stimulus programme greatly improve the economic prospects.

The Paris-based Organisation for Economic Co-operation and Development said it now expects the global economy to grow 5.6 percent, an increase of 1.4 percentage points from its December forecast.

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