Macron: The Economic Cooperation Organization has been keen for 60 years on the peace and well-being of peoples

French President Emmanuel Macron called for the unification of economic and social cooperation among the countries of the world, to serve a single political project aimed at achieving peace and the well-being of peoples. Macron tweeted on his official account on the “Twitter” website, saying: “Economic and social cooperation must be in the service of a political project: peace and well-being. People. This is what the OECD agreement has been doing for 60 years. Because we are all connected. “

Macron on Twitter

The Organization for Economic Cooperation and Development said that the global economic prospects are improving, despite a second wave of coronavirus outbreaks in many countries, thanks to the emergence of vaccines and the entrenchment of a Chinese-led recovery.

The organization said in its latest economic forecast that the global economy will grow 4.2 percent next year and decline to 3.7 percent in 2022, after shrinking 4.2 percent this year.

The organization lowered its forecast in September after a second wave of infections hit Europe and the United States, as it expected a global contraction of 4.5 percent before a recovery of five percent in 2021. It did not release forecasts for 2022 at the time.

We are still in the midst of the pandemic crisis, which means that policies still have a lot to do, “said the organization’s chief economist, Lawrence Boone.” The global GDP in general will return to pre-crisis levels by the end of 2021 led by Strong recovery in China.

But under it there are wide differences between countries, as output in many countries is expected to remain about five percent below pre-crisis levels in 2022.

It is reported that the Organization for Economic Cooperation and Development OECD It is an international organization aiming at economic development and to formulating policies that promote prosperity and equality for all, and to assist governments and policymakers in setting evidence-based international standards and finding solutions to social, environmental and economic challenges.