One source of uncertainty is the possibility of vaccine-resistant virus strains emerging over time. Another is that it is still unclear what type of adjustments our society will have to make to live with COVID on an ongoing basis. Once vaccination rates are high enough, we will be living with a virus that is endemic rather than living through a pandemic.
Give me a chance to respond albeit briefly. As we are dining here tonight, the IMF team working on Malawi’s request for a new Fund- supported economic recovery program, and Malawi’s Executive Board member in the Fund, are putting together a BIS central bankers’ speeches  1  strong case that Malawi deserves to be supported in its recovery program.