The IMF has cautioned that the economic recovery is dangerously diverging. The gaps between wealthier nations with broad access to vaccinations, diagnostics, and medicines and less developed nations still having difficulty immunising frontline healthcare personnel will grow even wider. Less than 2% of Africans had received vaccinations as of the end of April 2021. In contrast, more than 40% of people in the US and more than 20% of people in Europe had at least one dose of the vaccination.
It is common knowledge that the economic crisis cannot be resolved permanently without also addressing the health problem. Therefore, economic policy is pandemic policy. It is essential for maintaining the financial and macroeconomic stability of the world, hence it is crucial that