OECD warns of risks to global economic growth

Illustration photo - Photo: THX

The above information is the comment just given by Mr. Mathias Cormann, Secretary General of the Organization for Economic Cooperation and Development (OECD) on the sidelines of the APEC Summit.

The global economy proved more resilient than expected in the first half of 2025, but downside risks remain high as rising trade barriers and geopolitical and policy uncertainty weigh on economic activity in many countries, according to the OECD.

The OECD recommends that the top priority to strengthen growth is to sustainably resolve trade tensions and confrontations, while central banks need to be vigilant and respond promptly to price fluctuations.

In its latest economic forecast released in September 2025, the OECD forecast the world economy to grow 3.2% in 2025, compared with 3.3% in 2024 and higher than the 2.9% forecast in June.

Mr. Cormann also recommended that governments work actively to make the international trading system fairer and more efficient, while upholding the benefits of open markets and rules-based global trade. At the same time, central banks are advised to remain vigilant and respond promptly to changes in the balance of risks to price stability.

Source: https://vtv.vn/oecd-canh-bao-rui-ro-voi-tang-truong-kinh-te-toan-cau-100251030155104855.htm