IMF Proposes a $50 Billion Vaccine Expansion Plan to End the Pandemic

The IMF has made a concrete proposal to help end the pandemic by expanding vaccine coverage to at least 40% of the population in all countries by the end of 2021 and at least 60% by the first half of 2022. Managing Director Kristalina Georgieva announced on May 21 at the EC/G20 Global Health Summit that an IMF staff proposal estimates financing requirements of $50 billion, including $35 billion in grants and $15 billion in loans from multilateral development banks, to cover the vaccine target, and economic returns of around $9 trillion in global GDP by 2025. Read the IMF staff proposal, its blog and her speech. /  G20世界保健サミットに登壇したIMFのゲオルギエバ専務理事は、早急にパンデミックを終結させるためのIMFスタッフ・プロポーザルを紹介。無償資金350億ドルと開発銀行などの融資150億ドルを合わせた500億ドルあれば、今年中に世界各国の人口40%、来年6月中に60%の人々のワクチン接種を完了することができ、その経済効果は2025年までにGDP約9兆ドルに上ると述べました。ブログはこちら。

Asia-Pacific Audience Hears IMF Economic Outlook and Policy Advice

More than 200 participants from the Asia-Pacific region benefited from presentations on economic policy recommendations for recovery from the pandemic and growth at a May 13 seminar hosted by the IMF Regional Office for Asia and the Pacific, during which four economists who co-authored the IMF’s latest World Economic Outlook spoke. Malhar Nabar, Division Chief in the IMF Research Department, said that emerging markets and low-income countries might suffer greater scarring from the pandemic due to their limited policy space, and recommended that countries focus on limiting persistent damage from the crisis through targeted policies. Read more here. / アジア太平洋地域から参加した200人以上を前に、最新のIMF世界経済見通しを記した4人のエコノミストが、5月13日に開かれたセミナーで、コロナ禍からの回復や経済成長に関する政策提言を披露しました。IMFアジア太平洋地域事務所主催。

IMF Joins BOJ Think Tank’s Conference on “Adapting to the New Normal”

IMF Chief Economist Gita Gopinath joined discussions on the post-pandemic new normal on May 25 at the invitation-only international conference hosted by the Bank of Japan’s think tank, the Institute for Monetary and Economic Studies. She spoke on ‘The Great Divergence,’ the widening gap between low income and emerging market economies and advanced economies, and discussed with panelists from central banks and academia how the global economy will look after the pandemic and what needs to be done to ensure a strong and equitable recovery. Read the BOJ Governor’s speech (link to the BOJ website). / IMFチーフ・エコノミストのギータ・ゴピナートは5月25日、日本銀行金融研究所の国際会議に参加し、ばらつきのある回復について述べた後、中央銀行家や学者らとともにニュー・ノーマルへ向けた経済や金融の在り方について議論しました。黒田総裁のスピーチ （日本銀行ウェブサイト）。