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Continued fiscal support and public health action needed to make hope of recovery a reality

1 December 2020

The prospect of a number of COVID-19 vaccines becoming widely available next year has lifted hopes for a faster recovery, but policymakers will need to retain both public health and fiscal support while acting decisively for the momentum to pick up, according to the OECD’s latest Economic Outlook.

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    Speaking ahead of his 13th and final G20 summit, OECD Secretary-General Angel Gurría underlined the need for continued global co-operation and strong policy action for a sustainable recovery: “We need to ensure that a new dynamism emerges from the destruction”.

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