A recent report indicates that the global economy is projected to grow by 5.6% in 2021, marking a significant recovery from the previous year's decline of 3.5%. This growth is mainly attributed to increased vaccination rates and economic stimulus measures. Furthermore, the report suggests that the unemployment rate is expected to decrease to 6.0% globally, compared to 8.1% in 2020. The recovery is uneven, with advanced economies expected to grow by 5.4% while emerging market and developing economies are projected to grow by 6.0%. It is anticipated that inflation will rise to 3.7% in advanced economies and 6.4% in emerging market and developing economies. The report also highlights the importance of continued policy support to ensure a sustained and inclusive recovery worldwide.