Home IMF warns on financial stability threat from vaccine shortages IMF warns on financial stability threat from vaccine shortages Lack of access to jabs in emerging markets could have global consequences, fund says World Economy News 27 Jan 2021 • 2 min read The IMF has warned that emerging markets’ limited access to Covid-19 vaccines poses a risk to global financial stability, saying shortages could exert a drag on economic recoveries in low-income countries. “Inequitable distribution of vaccines risks exacerbating financial vulnerabilities, especially for frontier market economies,” the IMF wrote in its latest global financial stability update. Emerging market assets have been boosted by record inflows in the first weeks of the year. But Tobias Adrian, head of the IMF’s capital markets division, said there was a risk that “virus infections get worse in emerging markets as vaccines are not rolled out as quickly”.