IMF World Economic Outlook




06 Apr 2021


Washington, DC, United States

B-ROLL: Exterior IMF
Washington, DC – Recent
1. B-ROLL: Exterior IMF
Washington, DC --- 6 April 2021

2. Wideshot IMF news conference

3. SOUNDBITE: (English) Gita Gopinath, IMF Head of Research:
“We are now projecting a stronger recovery for the global economy compared with our January forecast, with growth projected to be six percent in 2021 and four-point-four percent in 2022 after an estimated historic contraction of minus three-point-three percent in 2020. Nonetheless, the future presents daunting challenges. The pandemic is yet to be defeated and virus cases are accelerating in many countries.”

4. Reporter cutaway

5. SOUNDBITE: (English) Gita Gopinath, IMF Head of Research:
“Multispeed recoveries could pose financial risks if interest rates in the United States rise further in unexpected ways. This could cause inflated asset valuations to unwind in a disorderly manner, financial conditions to tighten sharply and recovery prospects to deteriorate, especially for some highly leveraged emerging markets and developing economies.”

6. Reporter online cutaway

7. SOUNDBITE: (English) Gita Gopinath, IMF Head of Research:
“Over the past year, we have seen significant innovations in economic policy and massively scaled up support at the national level, particularly among advanced economies that have been able to afford these initiatives. A similarly ambitious effort is now needed at the multilateral level to secure the recovery and build forward better. Without additional effort to give all people a fair shot, across country, gaps in living standards could widen significantly, and decades long progress in global poverty reduction could reverse.”

8. Midshot cutaway

9. SOUNDBITE: (English) Gita Gopinath, IMF Head of Research:
“We have for long been in favor of a common global corporate minimum tax. It is a big concern that we have a large amount of tax shifting tax avoidance countries sending money to tax havens, and that's reducing the tax base from which governments can collect revenues and do the necessary social and economic spending that's required. So we are very much in favor of a global minimum corporate tax.”

10. Midshot cutaway

11. SOUNDBITE: (English) Malhar Nabar, IMF Deputy Head of Research:
“On the overall situation in sub-Saharan Africa. Last year, the region experienced the historic contraction of negative one point nine percent. But we expect a recovery to to resume this year with growth close to three and a half percent and that for that to continue next year.”

12. Midshot cutaway

13. SOUNDBITE: (English) Petya Koeva-Brooks, IMF Deputy Head of Research:
“On one hand, we had the positive impact from the U.S. fiscal stimulus. And on the other hand, we had the the more that the higher interest rates which Brazil faced. The other thing I would mention is that what's also underpinning our forecast is the expectation that in this quarter. In the first quarter, we are going to see negative growth. But then in the second quarter, as the impact of the new emergency aid, which was provided in the form of cash transfers, is going to start helping.”
Washington, DC – Recent

14. B-ROLL: IMF exterior
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