IMF chief warns of 'dangerous divergence' in COVID recovery
- Country:
- France
The head of the International Monetary Fund warned on Monday of a "dangerous divergence" between developed and developing countries as they seek to recover from the COVID-19 pandemic. Kristalina Georgieva said that strong growth in wealthy countries like the United States was "good news" but developing countries were being held back by slow vaccination rates.
"That is danger for the coherence of growth and it is also a danger for global stability and security," she told the Paris Peace Forum.
ALSO READ
-
From Oil Shale to Wind Power: Estonia’s High-Stakes Plan for Cheaper, Secure Electricity
-
Colombia's IMF Gamble: Can Fiscal Reform Restore Confidence Without Sacrificing Economic Growth?
-
From Market Access to Market Power: What African Firms Need to Capture AfCFTA’s Trade Gains
-
Too Many Homes, Too Little Spending: Inside China’s Deepening Housing and Consumption Divide
-
Iran’s Civilians Trapped Between State Repression and Deadly Strikes, UN Warns
Google News