July 8，2021

New outbreaks of Covid-19 remain one of the top risks to a global economic recovery, the OECD’s secretary-general has warned, calling for developed nations to support less-developed nations with their vaccination programs.

“We must do what we can to get as many people as we can, all around the world, vaccinated. There is a particular responsibility for developed economies and it’s not just a matter of charity or benevolence, it’s actually a matter of self interest both in terms of making sure we keep our populations safe ... and also to ensure the economic recovery can be sustained,” Mathias Cormann, secretary-general of the OECD, said Thursday.

“New outbreaks are still one of the biggest downside risks in terms of the sustained economic recovery moving forward,” he told CNBC’s Annette Weisbach.

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