PBOC’s Yi: A fair distribution of vaccines was key to achieving a sustainable recovery

Dhwani Mehta FXStreet

Yi Gang, Governor of the People’s Bank of China (PBOC), called on the international community to resist “vaccine nationalism”, in order to achieve a sustainable economic recovery, in a statement delivered to the International Monetary Fund’s (IMF) steering committee on Thursday, as reported by Reuters.

Additional quotes

“The pick-up in global growth was “slow and uneven”, and a fair distribution of vaccines was key to achieving a sustainable recovery.”

“The international community should work together to resist ‘vaccine nationalism,’ strengthen cooperation and policy coordination to fight against COVID-19, and improve the accessibility and affordability of vaccines in developing countries in a meaningful way.”

“The sound monetary policy will be implemented in a flexible, targeted, reasonable, and appropriate manner.”

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Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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