Monday, March 17, 2025
spot_img
spot_img
HomeBusinessEconomyIMF – World bank group ready to support COVID-19 member countries

IMF – World bank group ready to support COVID-19 member countries

Joint statement by Kristalina Georgieva and David Malpass

WASHINGTON, USA – “The International Monetary Fund (IMF) and the World Bank Group stand ready to help our member countries address the human tragedy and economic challenge posed by the COVID-19 virus. We are engaged actively with international institutions and country authorities, with special attention to poor countries where health systems are the weakest and people are most vulnerable.

We will use our available instruments to the fullest extent possible, including emergency financing, policy advice, and technical assistance. In particular, we have rapid financing facilities that, collectively, can help countries respond to a wide range of needs. The strengthening of country health surveillance and response systems is crucial to contain the spread of this and any future outbreaks.

International cooperation is essential to deal with the health and economic impact of the COVID-19 virus. The IMF and the World Bank Group are fully committed to provide the support that people in our member countries expect from us.”

 

 

spot_img
RELATED ARTICLES

LEAVE A REPLY

Please enter your comment!
Please enter your name here

spot_img
spot_img
spot_img

Caribbean News

Barbados represented 26 percent of the overall impact of the entire Cricket World Cup

Economic Impact Assessment for the ICC Men’s T20 World Cup 2024, prepared by Cricket World Cup. By Ryan Straughn, Minister in the Ministry of...

Global News

Russia appreciates Venezuela’s interest in deepening ties with BRICS

VENEZUELA / RUSSIA, (TV BRICS) - Russia and Venezuela celebrate the 80th anniversary of diplomatic relations on 14 March, with Russian foreign minister Sergey...