Africa Business Radio

IMF chief Kristalina Georgieva says accelerating the pace of vaccinations worldwide will be key not just to contain the coronavirus pandemic, but also to resolving the speed bumps besetting the global economic recovery.Those disruptions stem from the unprecedented situation created by the pandemic and the sharp rebound in demand as economies reopen, as well as struggles to hire workers amid renewed infections from the Delta variant of the coronavirus.Georgieva says however the more fundamental problem is the growing divergence between countries that are pulling forward more strongly and those that are falling behind largely due to the drastically lower vaccination rates in lower-income nations.