London Daily

Focus on the big picture.
Thursday, Jul 10, 2025

IMF warns delays in Covid vaccination major risk for global economy

IMF warns delays in Covid vaccination major risk for global economy

The International Monetary Fund has said delays in Covid-19 vaccinations are the top risk facing the global economy, and that getting people in poor countries inoculated should be a top priority.

The International Monetary Fund's chief economist Gita Gopinath said Tuesday, "The fact that there is this big gap in access to vaccinations is a big problem."

Speaking at the Fund's annual general meeting Gopinath called on rich countries to help poor nations access the shots, saying achieving widespread vaccinations should be "the absolute number-one priority."

Last week the IMF unveiled an updated global economic outlook that predicted the global economy would expand six percent this year and by 4.4 percent in 2022 – figures both higher than its previous estimates.


Vaccine inequality stifles economy


It warned, however, that uncertainty remains over its projections, and growth could accelerate if the vaccination rollout moves faster than expected or slower if they lag behind.

The IMF has stressed that investments in vaccines more than pay for themselves when economies are able to reopen, but lamented that vaccine distribution to poor countries was "deeply iniquitous" as rich nations sweep up most of the supply.

Vaccination campaigns have accelerated globally since the start of the year, but are facing obstacles.


This comes as US health authorities called for a pause in the use of Johnson & Johnson's Covid-19 vaccine over blood clot fears.

Comments

Oh ya 4 year ago
Yes those poor people in 3rd world places have so much yo do with the global economy. The goverments cant wait to kill these people off. Google Gates TED talk about using vaccines to reduce the world population by 10 to 15 percent. Wake up folks

Newsletter

Related Articles

0:00
0:00
Close
Severe Heatwave Claims 2,300 Lives Across Europe
NVIDIA Achieves Historic Milestone as First Company Valued at $4 Trillion
Declining Beer Consumption Signals Cultural Shift in Germany
Linda Yaccarino Steps Down as CEO of X After Two Years
US Imposes New Tariffs on Brazilian Exports Amid Political Tensions
Azerbaijan and Armenia are on the brink of a historic peace deal.
Emails Leaked: How Passenger Luggage Became a Side Income for Airport Workers
Polish MEP: “Dear Leftists - China is laughing at you, Russia is laughing, India is laughing”
BRICS Expands Membership with Indonesia and Ten New Partner Countries
Weinstein Victim’s Lawyer Says MeToo Movement Still Strong
U.S. Enacts Sweeping Tax and Spending Legislation Amid Trade Policy Shifts
Football Mourns as Diogo Jota and Brother André Silva Laid to Rest in Portugal
Labour Expected to Withdraw Support for Special Needs Funding Model
Leaked Audio Reveals Tory Aide Defending DEI Record
Elon Musk Founds a Party Following a Poll on X: "You Wanted It – You Got It!"
London Stock Exchange Faces Historic Low in Initial Public Offerings
A new online platform has emerged in the United Kingdom, specifically targeting Muslim men seeking virgin brides
Trump Celebrates Independence Day with B-2 Flyover and Signs Controversial Legislation
Boris Johnson Urges Conservatives to Ignore Farage
SNP Ordered to Update Single-Sex Space Guidance Within Days
Starmer Set to Reject Calls for Wealth Taxes
Stolen Century-Old Rolls-Royce Recovered After Hotel Theft
Macron Presses Starmer to Recognise Palestinian State
Labour Delayed Palestine Action Ban Over Riot Concerns
Swinney’s Tax Comments ‘Offensive to Scots’, Say Tories
High Street Retailers to Enforce Bans on Serial Shoplifters
Music Banned by Henry VIII to Be Performed After 500 Years
Steve Coogan Says Working Class Is Being ‘Ethnically Cleansed’
Home Office Admits Uncertainty Over Visa Overstayer Numbers
JD Vance Questions Mandelson Over Reform Party’s Rising Popularity
Macron to Receive Windsor Carriage Ride in Royal Gesture
Labour Accused of ‘Hammering’ Scots During First Year in Power
BBC Head of Music Stood Down Amid Bob Vylan Controversy
Corbyn Eyes Hard-Left Challenge to Starmer’s Leadership
London Tube Trains Suspended After Major Fire Erupts Nearby
Richard Kemp: I Felt Safer in Israel Under Attack Than in the UK
Cyclist Says Police Cited Human Rights Act for Riding No-Handed
China’s Central Bank Consults European Peers on Low-Rate Strategies
AI Raises Alarms Over Long-Term Job Security
Saudi Arabia Maintains Ties with Iran Despite Israel Conflict
Musk Battles to Protect Tesla Amid Trump Policy Threats
Air France-KLM Acquires Majority Stake in Scandinavian Airlines
UK Educators Sound Alarm on Declining Child Literacy
Shein Fined €40 Million in France Over Misleading Discounts
Brazil’s Lula Visits Kirchner During Argentina House Arrest
Trump Scores Legislative Win as House Passes Tax Reform Bill
Keir Starmer Faces Criticism After Rocky First Year in Power
DJI Launches Heavy-Duty Coaxial Quadcopter with 80 kg Lift Capacity
U.S. Senate Approves Major Legislation Dubbed the 'Big Beautiful Bill'
Largest Healthcare Fraud Takedown in U.S. History Announced by DOJ
×