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Omicron ‘could be threat’ to economic recovery: OECD


By AFP
Published : 01 Dec 2021 10:06 PM

The Omicron variant of the coronavirus has  added new uncertainties to the global economy and could threaten the  recovery, the OECD's chief economist said Wednesday.

"We are concerned that the new variant of the virus, the Omicron strain,  is further adding to the already high levels of uncertainty and risks, and  that could be a threat to the recovery," Laurence Boone said after the Paris- based organisation lowered its global growth outlook for 2021.