IMF upgrades 2021 global growth forecast to 5.5% on vaccine hopes

<p>In the World Economic Outlook Update, IMF warned, “although recent vaccine approvals have raised hopes of a turnaround in the pandemic later this year, renewed waves and new variants of the virus pose concerns for the outlook.” Still, 2021 global growth forecasts was revised up by 0.3% to 5.5%, “reflecting expectations of a vaccine-powered strengthening […]</p>
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