Economics
World Finance Chiefs Warn of Divergent Recoveries From Covid
- IMF steering panel supports new trust to curb climate issues
- IMFC to prioritize health spending, protecting vulnerable
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Central bankers and finance ministers advising the International Monetary Fund urged strong global cooperation to expedite vaccine access and limit what they termed a divergence in recoveries from the Covid-19 pandemic, warning that they saw risks tilted to the downside.
They will take steps to boost vaccine supplies and medical products in developing countries, removing financing constraints, according to a statement issued Thursday by the International Monetary and Financial Committee, the main steering panel of the IMF’s 190 member countries.