Page 51 - Oecd News Today

Australia is set to suffer a hard two years, with the OECD forecasting the nations economic growth will fall to its lowest level since the early 90s recession.

The Iowa Insurance Division has made a new donation of $45,500 to support high school students in paying for college credit through the financial literacy exam.

According to the Organisation for Economic Co-operation and Development (OECD), Britain is expected to have the highest inflation rate among leading rich economies in 2023. The countrys headline inflation rate is projected to average 7.2%, up from a previous forecast of 6.9%. This is the largest upward revision for any Group of Seven economy, apart from Japan.

Mexico is one of the top producers in the world of plastic pollution and the industry lobby is promoting policies aimed at fostering the local Circular Economy

The Organisation for Economic Co-operation and Development (OECD) has said in its report that the inflation rate in the UK may touch 7.2% to be the highest in the G7.

The world economy is now expected to grow 3% this year, up from the 2.7% forecast in the June outlook of the OECD. But it said global growth was projected to remain "sub-par," slowing to 2.7% next

World economy expected to grow by 3.0% this year, before slowing down to 2.7% next year, says Paris based organization.

The global economy is projected to grow faster than expected this year as activity proved more resilient in the first half of the year but a sharper slowdown in China and elevated public debt are likely to weigh on next year growth, the Organisation for Economic Co-operation and Development said Tuesday.

The Organisation for Economic Co-operation and Development (OECD) has forecast global growth in 2024 will be lower than in 2023.

The Indian economy is expected to grow at an average rate of 6.3% in FY24, higher than the earlier projection of 6%, according to the Organisation for Economic Co-operation and Development (OECD). The report also notes that Indias inflation has been revised upward to 5.3% from the earlier projection of 4.8%. While the OECD calls for restrictive monetary policy to control inflation, it suggests that some countries, including India, could consider easing next year.