'The recovery remains very fragile and uneven across regions and sectors,' says the International Monetary Fund.
The global economy is showing signs of bouncing back from the severe downturn caused by the coronavirus pandemic, but a full recovery is"unlikely" without a vaccine, International Monetary Fund chief Kristalina Georgieva said on Wednesday, September 9.
"This crisis, however, is far from over," they said."The recovery remains very fragile and uneven across regions and sectors. To ensure that the recovery continues, it is essential that support not be prematurely withdrawn." In a speech on Wednesday to the World Economic Forum, Georgieva said rapid government action"put a floor under the world economy," which helped everyone without"differentiating between...winners and losers."
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