2022 OUTLOOK: CONTINUED RECOVERY AMIDST CHALLENGING ENVIRONMENT

GLOBAL ECONOMY
The pandemic remains a recurring theme in the world today. Following the collapse in 2020, the global economy experienced an exceptionally strong but uneven recovery, expanding by a robust projected 6 percent in 2021, according to the International Monetary Fund (IMF). This is the strongest post-recession pace in 80 years, facilitated in part by the steady but highly unequal vaccine access.

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