The International Monetary Fund (IMF) has issued a cautionary note about the uneven recovery from the COVID-19 pandemic across the globe. IMF Managing Director Kristalina Georgieva highlighted the risk of a \"dangerous divergence\" in economic progress during a debate with the Chair of the U.S. Federal Reserve at this year's Spring Meetings in Washington.
Georgieva emphasized that while some countries are bouncing back swiftly, others are lagging behind, potentially widening the economic gap between nations. This disparity could have long-term implications for global stability and growth.
The discussion underscored the importance of coordinated policy responses and support for nations struggling to recover. Addressing these challenges is crucial to ensure a balanced and sustainable global economy in the post-pandemic world.
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IMF warns "dangerous divergence" in global COVID-19 economic recovery
cgtn.com
