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Global recovery must be balanced across nations: Finance Minister 2 hours ago
Finance Minister Sri Mulyani Indrawati at the National Economic Recovery Acceleration Workshop in Jakarta on Friday (April 9, 2021). ANTARA/Astrid Faidlatul Habibah/am.
There are still challenges in the form of imbalance in global recovery Jakarta (ANTARA) - Finance Minister Sri Mulyani Indrawati stressed that global recovery from the impact of the COVID-19 pandemic, which had ploughed on for the second year, must be balanced across nations.
The minister made the statement during the 2021 International Monetary Fund - World Bank Group (IMF-WBG) Spring Meetings on April 5-11, 2021, held virtually. There are still challenges in the form of imbalance in global recovery. Several countries are projected to grow positively in 2021, while the hard-hit countries have a much lower projection, the minister noted in an official statement received here on Wednesday.
How African economies can guard against future shocks Innovative financial regulations, digital payment and ID infrastructure support and a focus on women are needed By Rodger Voorhies - 14 April 2021
In the year since Covid-19 hit, economies across Africa have experienced a dramatic slowdown. Even countries with limited initial incidence of the virus faced severe economic aftershocks. Significant disruption in agricultural markets and labour in sub-Saharan Africa has restricted income and led to rapid food insecurity for many.
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