The Organization for Economic Cooperation and Development (OECD) has issued a warning about the vulnerabilities jeopardizing the ongoing global economic recovery. In its latest assessment, the OECD highlights rising oil prices as a major threat, potentially dampening economic activity and fueling inflation.

Furthermore, the OECD expressed concern over persistent global imbalances, particularly large current account deficits, which could trigger financial instability if not addressed effectively. The organization emphasized the need for coordinated policy responses among countries to mitigate these risks and ensure sustainable growth.

The OECD suggests that structural reforms aimed at boosting productivity and competitiveness are crucial for long-term economic health. It also advocates for fiscal prudence to reduce public debt and create room for maneuver in the event of future economic shocks. The report underscores the importance of international cooperation in addressing these challenges and maintaining a stable global economic environment.