Washington – The International Monetary Fund (IMF) has warned that economic growth will continue to be unbalanced in the wake of the Corona outbreak, leading to increased poverty, discontent and geopolitical tensions. The IMF report warned that although the economy is expected to grow by the end of 2021. However, it will slow down again next year.
Gita Gopinath, the chief economist at the IMF, released the ‘World Economic Outlook Report’ on Tuesday. The report is titled ‘Fault Lines Widen in the Global Recovery’. The report notes that the global situation has changed dramatically since the IMF released its report in April. Economist Gita Gopinath pointed out that the availability of vaccines has emerged as a major factor and has become a dividing line in the global economy.
