International Monetary Fund (IMF) has released an economic outlook report stating that getting the coronavirus vaccine is the right of everyone in developed, developing, and under-developed countries, IMF called for a global effort to be implemented in this regard.
The positive effects of ending the lockdown can be seen globally.
Economic activities have gained momentum after the end of the lockdown in economies around the world, including Pakistan.
According to the IMF outlook report, the global economy is also improving this year and its growth rate is expected to be 5.5% in 2021. The global economy is expected to grow by 4.2% in 2022.
According to the report, the economic growth rate in the United States is expected to be 5.1 percent in 2021 and 2.5 percent in 2022.
According to the IMF report, China’s economic growth rate is expected to be 8.1% in 2021 and 5.6% in 2022.
Pakistan’s economic growth rate has improved by half a percent compared to October 2020.
According to the IMF report of January 2021, there is an improvement in Pakistan’s economy.
Since October 2020, economic activity in Pakistan has accelerated and it has improved by 0.5%.
According to the report by IMF, the economic growth rate in Pakistan is likely to be 1.5 percent.
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