The OECD’s June Economic Outlook suggests an improving global economy but anticipates a weak recovery. GDP growth for 2023 is slightly adjusted to 2.7% from the previous 2.6% estimate, while 2024 projections remain at 2.9%. Uncertainties like the Ukraine conflict and persistent inflation pose downside risks. Country-specific forecasts include GDP growth of 1.6% in 2023 and 1% in 2024 for the US and an increase from 0.9% in 2023 to 1.5% in 2024 for the Euro Area. Meanwhile, China is projected to witness robust GDP growth in 2023 (5.4%) and 2024 (5.1%) with the easing of its zero-COVID policy.