IMF to keep 2021 global growth forecast at 6%: Georgieva
"Recovery will be held back unless the pace of Covid-19 vaccination picks up", said IMF Managing Director Kristalina Georgieva
International Monetary Fund (IMF) Managing Director Kristalina Georgieva makes remarks during a closing news conference for the International Monetary Finance Committee (IMFC), during the IMF and World Bank's 2019 Annual Meetings of finance ministers and bank governors, in Washington, U.S., October 19, 2019. REUTERS/Mike Theiler
The International Monetary Fund is estimating this month that global growth for 2021 will be about 6%, the same level as an April forecast, but with some countries growing faster and some more growing more slowly, IMF Managing Director Kristalina Georgieva said on Wednesday.
Georgieva, speaking at an online event sponsored by the Peterson Institute for International Economics, said that recovery will be held back unless the pace of Covid-19 vaccination picks up, adding that a goal of ending the pandemic by the end of 2022 will not be reached at the current pace.
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