According to a UN report, vaccine inequality between countries and regions may likely pose significant risk to an already uneven and fragile global economic recovery.
The United Nation’s economic forecast, published on Tuesday, stated that while the outlook for global growth has improved, the ongoing impacts of the pandemic, as well as inadequate progress on vaccination in poorer countries, are putting recovery at risk.
The World Economic Situation and Prospects (WESP) mid-year report warned that escalating inequality is threatening global growth, projected at 5.4 per cent in 2021.
“Vaccine inequity between countries and regions is posing a significant risk to an already uneven and fragile global recovery.
“Timely and universal access to COVID-19 vaccinations will mean the difference between ending the pandemic promptly.