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  • 30-April-2020

    English

    Virtual 2020 G20 Digital Ministers Summit on COVID-19

    COVID-19 has taken a terrible human toll and the necessary containment measures have devastated our economies and societies. We have calculated a 2 percentage points fall in global annual GDP growth per month of confinement, but this is an optimistic assumption now.

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  • 24-April-2020

    English

    G20 Tourism Ministers Extraordinary Virtual Meeting on COVID-19

    In light of the economic crisis it has triggered - which the OECD estimated at a loss of 2pc of annual GDP per month of confinement - I commend the Presidency for calling this meeting.

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  • 23-April-2020

    English

    G20 Labour and Employment Ministerial Meeting

    COVID-19 has taken a terrible human toll and brought our globalised economy to a near standstill. The OECD estimates a loss of 2 percentage points in this year’s GDP growth, per every month of confinement. The pandemic became an economic crisis and will have long-lasting impacts in our labour markets, and in our social fabric.

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  • 21-April-2020

    English

    Extraordinary G20 Agriculture Ministerial Virtual Meeting

    The OECD estimates the impact of the crisis at a loss of 2 percent per month of confinement in annual GDP growth in 2020. Many economies are heading into deep recession.

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  • 17-April-2020

    English

    2020 IMF and World Bank Spring Meetings: Written Statement to the Development Committee

    2020 IMF and World Bank Spring Meetings: Written Statement to the Development Committee

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  • 16-April-2020

    English

    Official Development Assistance 2019 Data and Trends Release

    This crisis comes against the backdrop of strained global trade, stagnating global growth, protracted conflict and climate-related crises – not to mention the constrained fiscal space and existing challenges in the health and social structures in many countries.

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  • 16-April-2020

    English

    2020 IMF and World Bank Spring Meetings: Written Statement to the IMFC

    2020 IMF and World Bank Spring Meetings: Written Statement to the IMFC.

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  • 15-April-2020

    English

    G20 Finance Ministers and Central Bank Governors meeting (Virtual)

    The call for a coordinated, sizeable, well-targeted collective response to the crisis is being operationalised in the G20 Action Plan, a living document that we are endorsing today. The OECD is proud to have contributed to its development under Saudi leadership.

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  • 31-March-2020

    English

    G20 Finance Ministers and Central Bank Governors’ Virtual Meeting

    The socio-economic repercussions of the current crisis will largely exceed what we saw in 2008 and 2009. Border and business closures bring service and industrial sub-sectors to a halt or into supply chain difficulties. In most economies, the sectors most directly affected account for 30 to 40 percent of total output.

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  • 30-March-2020

    English

    Extraordinary G20 Trade and Investment Ministerial Virtual Meeting

    G20 Leaders convened last week to make a strong and urgent call for increased cooperation to address the unprecedented challenge of COVID-19. We estimate the loss in annual GDP growth in 2020 at 2 ppt. per month of confinement. Many economies are heading into recession.

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