How fast will the world economies recover from Covid-19?

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According to International Monetary Fund, they project a global growth of 5.5% for 2021, but much depends on the outcome of the race between the virus and vaccines.

๐„๐ฎ๐ซ๐จ๐ฉ๐ž ๐ข๐ฌ ๐ฉ๐ซ๐จ๐ฃ๐ž๐œ๐ญ๐ž๐ ๐ญ๐จ ๐ก๐š๐ฏ๐ž ๐š ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐จ๐Ÿ ๐Ÿ’.๐Ÿ%, ๐‚๐ก๐ข๐ง๐š, ๐Ÿ–.๐Ÿ%, ๐š๐ง๐ ๐ˆ๐ง๐๐ข๐š ๐ฅ๐ž๐š๐๐ข๐ง๐  ๐ฐ๐ข๐ญ๐ก ๐Ÿ๐Ÿ.๐Ÿ“%.

The COVID-19 pandemic has had a more negative impact on activity in the first half of 2020, and the recovery is projected to be more gradual than previously forecast.

Source: https://www.imf.org/en/Publications/WEO/Issues/2020/06/24/WEOUpdateJune2020

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Mark Kalin

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