(Bloomberg) Kristalina Georgieva, the IMF’s Managing Director, says widespread global vaccinations can help address inflation fears and potential social unrest.
Georgieva says that intensifying global vaccinations boost production everywhere and tame inflation.
The IMF chief also says the vaccination divide between advanced and emerging economies can cause social unrest. She calls for equity in vaccinations to address the divergence.
Georgieva says disruptions in the supply chain could extend beyond mid-2022 adding further pressure on prices and prompt the central banks to take further actions.
The comments by the IMF chief comes even as she faces a credibility crisis which she says has become a worry among her staff following allegations of influencing China’s World Bank report.
