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Bloomberg: IMF Comments on Global Economy
Posted by Tango
on October 13, 2021, 6:10 am
The recovery from the Covid-19 pandemic is losing steam and becoming increasingly divided, the International Monetary Fund has warned. It now expects global growth of 5.9% for this year, down 0.1 percentage point in July. The recovery is hampered by supply chain disruptions, which have become so acute that an upcoming meeting of G-7 finance ministers in Washington will call for collaboration.