The OECD lowered to 3% global growth for this year increased slowdown – euronews

OECD returns to lower global growth this year to three percent, the same progress in 2015 and was the lowest in five years. Because of the slowdown in emerging countries but also very modest recovery among developed countries, the body representing the latter fell by three tenths the overall progression compared to its forecast for November.

“A collective fiscal action projects quality and ambition in structural policies by creating synergies with the private sector would raise global growth and reduce financial risks,” he claimed the chief economist at OECD , Catherine Mann.

with these words, those responsible for the OECD demand a level according to G20 countries with budgetary room to spend more depletion of central bank measures. In its new forecast, the agency lowered by five tenths to two percent growth this year in the United States.