The OECD has urged governments to adopt more targeted measures to support their economies now the initial wave of the coronavirus pandemic has passed.
With many nations struggling with a resurgence in Covid-19 cases, the Paris-based club of advanced economies said leaders should shift the focus of their programmes towards limiting the lasting scars from the crisis by helping people find new jobs.
In its interim economic outlook, the organisation praised countries’ initial blanket response of state support and raised its economic forecasts for 2020 as economies rebounded faster than expected once lockdowns were lifted.
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