Unequal vaccine distribution will widen the gap between rich and poor nations, IMF head says

Unequal vaccine distribution will widen the gap between rich and poor nations, IMF head says

Unequal access to vaccines will widen the gap between rich and poor nations, leading to low-income countries requiring billions of dollars in investment to alleviate poverty and hunger, according to Kristalina Georgieva, the managing director of the International Monetary Fund.

"The crisis has already reversed years of progress in reducing poverty and boosting development – and diverging recoveries will make it even more difficult to address these challenges," Ms Georgieva told the Vatican-based Pontifical Academy of Sciences during an address on Friday.