Global growth forecast slashed ...News

Russia Today - Economy
Global growth forecast slashed
source : Russia Today ( News ) () 16
The OECD has predicted the worst economic slowdown since 2008 Growth in the global economy will remain anemic as rising interest rates squeeze business activity, while China's recovery from the pandemic has proved weaker than expected, the Organization for Economic Cooperation and Development (OECD) announced on Tuesday. In its latest Economic Outlook report, the OECD revised downwards its global economic forecast for 2024, expecting growth to slide to 2.7% next year, down by 0.2% from its June estimate, after an already "sub-par" expansion of 3% this year. The world economy will face its weakest annual growth nex

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