The International Monetary Fund (IMF) has released its latest economic outlook report, predicting global growth to reach 4.2% in 2021 and 3.8% in 2022. This represents an increase from the 3.6% contraction in 2020 due to the COVID-19 pandemic. The IMF highlighted the diverging recovery paths of different countries, with advanced economies expected to lead the way while low-income countries are projected to continue facing significant challenges. The report also emphasized the importance of vaccine distribution in ensuring a more robust and inclusive global economic recovery.


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