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IMF chief says more vaccinations can help tame inflation

Bloomberg
Bloomberg • 2 min read
IMF chief says more vaccinations can help tame inflation
"Vaccinate the world, vaccinate the world so we can see production everywhere stepping up."
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International Monetary Fund Managing Director Kristalina Georgieva said vaccinating the world will help ensure that higher inflation proves temporary, and expressed concern that the growth gap between advanced and emerging economies could spur social unrest.

To push inflation back down, Georgieva urged a “focus on reducing this divergence: vaccinate the world, vaccinate the world so we can see production everywhere stepping up.”

“If the divergence continues, we are going to see more unrest,” Georgieva said in an interview Tuesday with Bloomberg Television’s Francine Lacqua from the COP26 conference in Glasgow, reiterating widespread vaccinations against Covid-19 as a solution.

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