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David Malpas

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IMF Offers $50 Billion to Tackle Virus Impact
March 5th, 2020 - 10:02 GMT

IMF Offers $50 Billion to Tackle Virus Impact

The International Monetary Fund (IMF) is making available about $50 billion through its rapid-disbursing emergency financing facilities to help address the new Coronavirus impact in low income and emerging market countries. Of this, $10 billion is available at zero interest for the poorest members through the Rapid Credit Facility, said IMF Managing Director Kristalina Georgieva at a joint press conference with World Bank Group President David Malpas. "We all recognise ...
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