Tue, 21-Oct-2025

Due to ‘Hefty Price’ of the Ukraine War, the OECD predicts lower growth

Ukraine

The Organisation for Economic Co-operation and Development (OECD) slashed its 2022 growth forecast and pro­jected higher inflation. The Paris-based organisation, which represents 38 most developed countries, is the lat­est institution to predict lower GDP growth due to the Ukraine conflict. The OECD has cautioned that the world economy will pay a “powerful value” for Russia’s … Read more