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OECD says global growth 'better but not good enough'

Staff Writer |
Global growth is set to improve this year with the world economy likely to expand at the fastest pace in six year and the momentum is expected to continue, but more efforts are needed to ensure that its benefits and globalisation are more widely shared.

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The comments came from the Organisation for Economics Co-operation & Development on Wednesday.

The world economy is projected to grow 3.5% this year, the Paris-based think tank said in its semi-annual Global Economic Outlook report. The forecast was raised from 3.3% predicted in November.

The projection for next year was retained at 3.6%.

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