Inflation is expected to tame down should global vaccination pick up, International Monetary Fund Managing Director Kristalina Georgieva said, Bloomberg reports.
- Georgieva said the vaccination program should be boosted to ensure that production steps up, and divergence will drive more unrest.
- The IMF official said supply constraints are expected to persist until mid-2022,
- Georgieva is facing allegations that she influenced data in favor of China while working for the World Bank in 2017, driving discontent at the IMF.
- The official said the staff was and continues to be concerned, but she has answered questions and will continue to do so.