The International Monetary Fund said that despite the recent approvals in the countries of the world for Corona epidemic vaccines have raised hopes for a shift in the epidemic at a later time Year, but the renewed waves and new variants of the virus raise concerns about expectations.
The IMF added in its World Economic Outlook update report issued yesterday evening, Tuesday, that, amidst exceptional uncertainty, the global economy is expected to grow by 5.5% per year. The current 2021, and 4.2% in 2022.
He added that the projections for the rate of growth in 2021 have been revised up 0.3 percentage points compared to previous estimates, reflecting the prediction of a boost in vaccine-supported activity later in the year. Additional policy support in a few large economies.
According to the report, the expected recovery in global growth this year comes on the heels of a severe collapse in 2020 that had severe negative effects on women, youth, the poor, informal workers and those who work In contact-intensive sectors.
The Fund estimates that global growth for 2020 will contract by (-3.5%), or 0.9 percentage points higher than previously expected, which reflects a stronger than expected momentum And that is in the second half of this year.
The strength of the recovery is expected to vary widely between countries depending on a number of factors, including the effectiveness of policy support, vulnerability to spillover, and the structural characteristics of the crisis resulting from the outbreak.
