Georgieva: The IMF Keeps its Forecast for Global Growth at 6% in 2021

International Monetary Fund Managing Director Kristalina Georgieva said Wednesday, July 20, that the IMF’s estimates this month indicate that global growth in 2021 will be about 6 percent, the same as the forecast issued in April, but with some countries growing at a faster pace and some at a slower pace.

During an online event sponsored by the Peterson Institute for International Economics, Georgieva said that the recovery would stop unless the pace of vaccination against the Coronavirus accelerates, adding that the goal of eliminating the pandemic by the end of 2022 will not be achieved at the current pace.