The coronavirus pandemic will worsen inequality in the world, through its disproportionate impact on poorer and vulnerable segments of the society, warns International Monitory Fund (IMF).
IMF Managing Director Kristalina Georgieva speaks at the Global Women's Forum in Dubai, on February 16, 2020. (Reuters)
“Policymakers must use the opportunity to make fundamental changes so that when future shocks inevitably occur, including for example from the effects of climate change, societies have in place risk-sharing and social assistance mechanisms that will protect the most vulnerable much better than they do today,” the report said.
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