Published 3 years ago

IMF: Vaccine inequity threatens Mideast's economic recovery

Summary by WPLG

Middle East economies are recovering from the coronavirus pandemic faster than anticipated, largely due to the acceleration of mass inoculation campaigns and an increase in oil prices. But the International Monetary Fund warned Sunday that an uneven vaccine distribution would derail the region's rebound, as the prospects of rich and poor countries diverge. In its latest report, the IMF again revised upward its 2020 economic ou

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Yahoo News

IMF: Vaccine inequity threatens Mideast's economic recovery

Middle East economies are recovering from the coronavirus pandemic faster than anticipated, largely due to the acceleration of mass inoculation campaigns and an increase in oil prices. In its latest report, the IMF again revised upward its 2020 economic outlook for the Mideast and North Africa, now outlining just a 3.4% contraction last year, with growth for the region's oil exporters buoyed by a boom for commodities and rise in oil price, whic…

3 years ago·Los Angeles, United States

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The Hindu

Vaccine inequity threatens Mideast’s economic recovery, says IMF

IMF expects the UAE’s economy to grow this year by 3.2%, with Dubai’s World Expo, now rescheduled for October 2021, key to the nation’s recovery

3 years ago·India

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Associated Press News

IMF: Vaccine inequity threatens Mideast's economic recovery

DUBAI, United Arab Emirates (AP) — Middle East economies are recovering from the coronavirus pandemic faster than anticipated, largely due to the acceleration of mass inoculation campaigns and an increase in oil prices. But the International Monetary Fund warned Sunday…

3 years ago·United States

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abc News

IMF: Vaccine inequity threatens Mideast's economic recovery

Economies across the Middle East are recovering from the coronavirus pandemic faster than anticipated

3 years ago·United States

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Washington Times

IMF: Vaccine inequity threatens Mideast’s economic recovery

Middle East economies are recovering from the coronavirus pandemic faster than anticipated, largely due to the acceleration of mass inoculation campaigns and an increase in oil prices. But the International Monetary Fund warned Sunday that an uneven vaccine distribution would derail the region’s rebound, as the prospects of rich and poor countries diverge.

3 years ago·United States

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