IMF, G20 fret over supply chain bottlenecks, inflation fears
US President Joe Biden speaks about efforts to address global supply chain bottlenecks
Global finance officials gathered in Washington on Wednesday were focused on finding a way to alleviate supply chain bottlenecks that are driving prices higher and threatening to derail the economic recovery.
IMF chief Kristalina Georgieva said the lag in vaccination rates to contain the pandemic in developing nations is contributing to the supply constraints, and "as long as it widens, this risk of interruptions in global supply chains is going to be higher."