International Monetary Fund (IMF) chief economist Gita Gopinath said that despite a strong return in demand, ‘the supply side has not been able to come back as quickly,’ hampered in part by the spread of the Delta variant of Covid-19, which has made workers reluctant to return to their jobs. Photo: AFP International Monetary Fund (IMF) chief economist Gita Gopinath said that despite a strong return in demand, ‘the supply side has not been able to come back as quickly,’ hampered in part by the spread of the Delta variant of Covid-19, which has made workers reluctant to return to their jobs. Photo: AFP
International Monetary Fund (IMF) chief economist Gita Gopinath said that despite a strong return in demand, ‘the supply side has not been able to come back as quickly,’ hampered in part by the spread of the Delta variant of Covid-19, which has made workers reluctant to return to their jobs. Photo: AFP

Global economic recovery ‘really quite unique’, IMF says, amid supply chain disruptions and price increases

  • Global economy is expected to grow 5.9 per cent this year before slowing to 4.9 per cent in 2022, according to the International Monetary Fund (IMF)
  • But the overall figures mask large downgrades and ongoing struggles for some countries, including the United States, Germany and Japan

Topic |   International Monetary Fund (IMF)
International Monetary Fund (IMF) chief economist Gita Gopinath said that despite a strong return in demand, ‘the supply side has not been able to come back as quickly,’ hampered in part by the spread of the Delta variant of Covid-19, which has made workers reluctant to return to their jobs. Photo: AFP International Monetary Fund (IMF) chief economist Gita Gopinath said that despite a strong return in demand, ‘the supply side has not been able to come back as quickly,’ hampered in part by the spread of the Delta variant of Covid-19, which has made workers reluctant to return to their jobs. Photo: AFP
International Monetary Fund (IMF) chief economist Gita Gopinath said that despite a strong return in demand, ‘the supply side has not been able to come back as quickly,’ hampered in part by the spread of the Delta variant of Covid-19, which has made workers reluctant to return to their jobs. Photo: AFP
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