The Director of the International Monetary Fund warns of the uneven pace of economic recovery due to Corona

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The Director of the International Monetary Fund warns of the uneven pace of economic recovery due to Corona

Reuters

The Director of the International Monetary Fund, Kristalina Georgieva, warned of a worsening disparity in the pace of economic recovery from the Covid-19 pandemic, amid difficulties faced by some countries in obtaining vaccines.

Georgieva said in a press statement during the Group of Seven (G7) summit in southwest England: “We have been warning of alarming disparities in the recovery, the latest data confirms that this curve will not only continue, but will deepen.”

The IMF chief added that she expected “the rise in inflation to be temporary, but it cannot be accepted and that inflation in emerging economies is a cause for great concern.”

Source: Reuters





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