Gap between rich and poor widening due to unequal vaccine access, says IMF

France24 says while the global economy is still growing, the uneven distribution of vaccines is widening disparities as rich countries pick up speed and leave developing nations behind, the IMF warned Tuesday.

“Vaccine access has emerged as the principal fault line along which the global recovery splits into two blocs,” the International Monetary Fund said in its updated World Economic Outlook.

But the IMF warned of the danger to the whole world if new virus variants are allowed to take hold.

The recovery “is not assured even in countries where infections are currently very low so long as the virus circulates elsewhere,” the report said.

https://www.france24.com/en/americas/20210728-gap-between-rich-and-poor-widening-due-to-unequal-vaccine-access-says-imf