IMF warns of growing poverty, unrest and geopolitical tensions

A police officer stands guard in front of protesters as the country deploys army to quell unrest in Vosloorus, South Africa [Siphiwe Sibeko/Reuters]

The International Monetary Fund (IMF) warned on Tuesday about the widening gap between advanced economies and many emerging market and developing economies thanks to vaccine inequity and a lack of fiscal support.

While the latest update to the IMF’s World Economic Outlook sees the global economy still growing 6 percent this year Chief Economist Gita Gopinath noted that the composition of the recovery continues to change.

Abdullahi Hassan reports.

Demonstrations in Chile

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