Oliver Mangan: Ireland cannot just focus on its own vaccination programme

Supporting vaccination programmes in developing nations would add trillions to the global economic recovery
Oliver Mangan: Ireland cannot just focus on its own vaccination programme

The queue of people for the walk-in vaccinations at Croke Park in Dublin at the weekend. Pic: Collins

The latest quarterly update from the IMF published last week saw it stick to its forecast that the global economy would expand by 6% this year. However, it upgraded its forecast for advanced economies by 0.5% and downgraded the projection for developing economies by 0.4%, with a big downward revision for India in particular.

The IMF highlights that vaccine access has emerged as “the principal fault line” along which the world economy splits into two blocs. 

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