WASHINGTON, July 21 — The International Monetary Fund is estimating this month that global growth for 2021 will be about 6 per cent, the same as forecast in April, but with some countries growing faster and others more slowly, IMF Managing Director Kristalina Georgieva said today.
But Georgieva said the relative lack of vaccine access in developing countries and the rapid spread of the Covid-19 Delta variant was threatening to slow the recovery’s momentum. “It is 6 per cent in July, but between April and July, the composition of this 6 per cent has changed,” Georgieva said in the PIIE session with former European Union trade commissioner Cecilia Malmstrom.
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