WASHINGTON, USA (AP) — The roll-out of COVID-19 vaccines and vast sums of government aid will accelerate global economic growth to a record high this year in a powerful rebound from the pandemic recession, the International Monetary Fund (IMF) says in its latest forecast.

The 190-country lending agency said yesterday that it expects the world economy to expand six per cent in 2021, up from the 5.5 per cent it had forecast in January. It would be the fastest expansion for the global economy in IMF records dating back to 1980.

In 2022, the IMF predicts, international economic growth will decelerate to a still strong 4.4 per cent, up from its January forecast of 4.2 per cent.

“A way out of this health and economic crisis is increasingly visible,” IMF chief economist Gita Gopinath told reporters

https://www.jamaicaobserver.com/business-observer/imf-upgrades-forecast-for-2021-global-growth-to-a-record-6-_218605?profile=1056