Launch of the OECD Interim Economic Outlook, March 2023
· Mathias Cormann, Secretary-General of the OECD (International)
Summary written by Dark Majestic in its own words · topics: inflation and price stability, financial stability, public finances and debt, trade, fragmentation and geopolitics
MC · Mathias Cormann Wiki · OECD WikiLaunch of the OECD Interim Economic Outlook, March 2023ContextMr. Mathias Cormann, OECD Secretary General, gave remarks at the launch of the OECD Interim Economic Outlook, 17 March 2023.
Why it mattersCormann calls for ending blanket support measures.
Problems raised- The war damaged the global outlook.
- Inflation is high.
- Low-income countries face debt distress.
Solutions proposed- Wind down blanket support measures.
- Keep trade open.
- Keep debt servicing manageable.
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