IMF's Georgieva says virus crisis could ultimately test IMF resources
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MONDAY, JULY 04, 2022
IMF's Georgieva says virus crisis could ultimately test IMF resources

Global Economy

Reuters
26 June, 2020, 08:50 pm
Last modified: 26 June, 2020, 08:51 pm

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IMF's Georgieva says virus crisis could ultimately test IMF resources

She said IMF member countries were standing by to provide more support to the Fund if necessary

Reuters
26 June, 2020, 08:50 pm
Last modified: 26 June, 2020, 08:51 pm
The International Monetary Fund (IMF) headquarters building is seen ahead of the IMF/World Bank spring meetings in Washington, US, April 8, 2019/ Reuters
The International Monetary Fund (IMF) headquarters building is seen ahead of the IMF/World Bank spring meetings in Washington, US, April 8, 2019/ Reuters

International Monetary Fund Managing Director Kristalina Georgieva said on Friday that the global economic crisis spurred by the coronavirus could ultimately test the Fund's $1 trillion in resources, "but we are not there yet."

Georgieva told a Reuters Newsmaker webcast event that it was now clear that recovery from global business and travel lockdowns would have to get underway amid the widespread presence of the virus, and that IMF member countries were standing by to provide more support to the Fund if necessary.

Coronavirus chronicle

International Monetary Fund (IMF)

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