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

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AFP
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Tue, 2021-03-09 10:06

PARIS: The OECD sharply hiked its 2021 global growth forecast on Tuesday as the deployment of coronavirus vaccines and a huge US stimulus program greatly improve the economic prospects.
The Paris-based Organization 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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