Latvia posts strongest growth in OECD

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Latvia's rate of economic growth was the strongest among all members of the Organization for Economic Cooperation and Development (OECD) in the first quarter of 2018, South Korea's Yonhap news agency reported May 27, citing OECD data which can be viewed HERE.

With growth of 1.7 percent during the first three months of the year compared to the previous quarter, Latvia outpaced Poland in second place (1.6 percent), and Hungary and Chile (1.2 percent). Japan was the worst-performing country, seeing its economy contract by 0.2 percent in the first quarter. 

The average growth rate of the 35 OECD member nations was 0.5 percent.

Latvia's rate of economic growth was the strongest among all members of the Organization for Economic Cooperation and Development (OECD) in the first quarter of 2018, South Korea's Yonhap news agency reported May 27, citing OECD data which can be viewed HERE.

With growth of 1.7 percent during the first three months of the year compared to the previous quarter, Latvia outpaced Poland in second place (1.6 percent), and Hungary and Chile (1.2 percent). Japan was the worst-performing country, seeing its economy contract by 0.2 percent in the first quarter. 

The average growth rate of the 35 OECD member nations was 0.5 percent.

Latvia's rate of economic growth was the strongest among all members of the Organization for Economic Cooperation and Development (OECD) in the first quarter of 2018, South Korea's Yonhap news agency reported May 27, citing OECD data.

With growth of 1.7 percent during the first three months of the year compared to the previous quarter, Latvia outpaced Poland in second place (1.6 percent), and Hungary and Chile (1.2 percent). Japan was the worst-performing country, seeing its economy contract by 0.2 percent in the first quarter. 

The average growth rate of the 35 OECD member nations was 0.5 percent.

Latvia's rate of economic growth was the strongest among all members of the Organization for Economic Cooperation and Development (OECD) in the first quarter of 2018, South Korea's Yonhap news agency reported May 27, citing OECD data.

With growth of 1.7 percent during the first three months of the year, Latvia outpaced Poland in second place (1.6 percent), and Hungary and Chile (1.2 percent). Japan was the worst-performing country, seeing its economy contract by 0.2 percent in the first quarter. 

The average growth rate of the 35 OECD member nations was 0.5 percent.

Latvia's rate of economic growth was the strongest among all members of the Organization for Economic Cooperation and Development (OECD) in the first quarter of 2018, South Korea's Yonhap news agency reported May 27, citing OECD data.

With growth of 1.7 percent during the first three months of the year, Latvia outpaced Poland in second place (1.6 percent), and Hungary and Chile (1.2 percent). Japan was the worst-performing country, seeing its economy contract by 0.2 percent in the first quarter. 

The average growth rate of the 35 OECD member nations was 0.5 percent.

The encouraging news came just ahead of  the annual OECD Forum meeting in Paris, which Latvia is helping to chair. You can see the full program of the event HERE

"Shaping policy in a 'post-truth' world and identifying opportunities for deeper civic engagement will be at the heart of the discussions which will focus on addressing three interconnected issues: international co-operation, inclusive growth and digitalisation," the organizers say. 

France will chair the Ministerial meeting on the theme of "Reshaping the foundations of multilateralism", with New Zealand and Latvia as vice-chairs. French President Emmanuel Macron will deliver an opening speech in the afternoon of 30 May. Earlier in the day the OECD will launch its Economic Outlook.

LSM is listed as a media partner of the event.

The 2018 #OECDForum is next week already!
We will be focusing on What brings us #together - join the discussion on shaping #solutions to bridge societal divides.

Check out the full programme ➡️ https://t.co/rl0xlO4Rak pic.twitter.com/KDYRHaSxTm

— OECDglobal (@OECDglobal) May 24, 2018

 

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