Firmer footing: IMF boosts economic outlook, warns of divergence

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MmDl / 09 May, 2021

Firmer footing: IMF boosts economic outlook, warns of divergence.

Firmer footing: IMF boosts economic outlook, warns of divergence The IMF’s chief economist urged governments to continue fiscal support and ensure that vaccines are available to all. The International Monetary Fund forecasts a better year for global economic growth mainly driven by a sizable recovery in the United States, where it expects to see growth of 6.4 percent in 2021 [File: Emily Elconin/Reuters] The International Monetary Fund forecasts a better year for global economic growth mainly driven by a sizable recovery in the United States, where it expects to see growth of 6.4 percent in 2021 [File: Emily Elconin/Reuters] By Radmilla Suleymanova 6 Apr 2021 The International Monetary Fund (IMF) on Tuesday upgraded its global growth projections, forecasting a 6 percent rebound in the world economy in 2021 and 4.4 percent in 2022, while also warning that recoveries are at risk of diverging dangerously. “The pandemic is yet to be defeated, and virus cases are accelerating in many countries,” IMF Chief Economist Gita Gopinath said at a virtual conference introducing the April 2021 World Economic Outlook.

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