Omicron: Mild or severe impact on economy?

A medical worker, wearing a personal protective equipment (PPE), tends to a Covid-19 patient at the intensive care unit of Cremona hospital, in Cremona, northern Italy, on January 11, 2022. PHOTO/AFP

What you need to know:

  • The head of the International Monetary Fund, Kristalina Georgieva, warned last month that it too may slash its global growth forecasts due to Omicron.

After limping its way back from the Covid pandemic last year, the global economic recovery has been rattled by the Omicron variant's rapid rise.

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