British Virgin Islands

Monday, Mar 01, 2021

IMF grants debt relief to 25 poorest members to support Covid-19 fight

IMF grants debt relief to 25 poorest members to support Covid-19 fight

The International Monetary Fund has approved grants to 25 member countries, mainly from Africa, to allow them to focus resources on fighting the coronavirus. The fund and World Bank have called on richer countries to consider suspending or cancelling debt obligations from poorer countries during the pandemic.
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