IMF due COVID-19 freed from the debt of the poorest 25 countries

The international monetary Fund due to pandemic coronavirus made the decision on the release from debt of 25 of the poorest countries. About it it is spoken on the IMF website.

The managing Director of the Fund Kristalina Georgieva noted that “debt relief” for the 25 member countries is part of the measures the IMF for assistance to overcome the consequences of the pandemic.

“This decision provides grants to our poorest and most vulnerable member States to cover their debt obligations to the IMF at an early stage in the next six months and will help them to direct more of its limited financial resources on providing vital emergency medical and other assistance,” said Georgieva.

Release from debt is available to the following countries: Afghanistan, Benin, Burkina Faso, Haiti, Gambia, Guinea, Guinea-Bissau, Comoros, Yemen, the Democratic Republic of the Congo, Liberia, Madagascar, Malawi, Mali, Mozambique, Nepal, Niger, Rwanda, Sao Tome and Principe, Solomon Islands, Sierra Leone, Tajikistan, Togo, Central African Republic and Chad.

23 Mar Georgieva praised the loss of the emerging markets in the pandemic of $83 billion on March 27, she said that the global economic crisis, caused by the spread of a coronavirus that has already begun.

April 9, Georgieva noted that because COVID-19 in the IMF expect the worst of the economic impact since the great depression.

Flash COVID-19 began in December 2019 in China. March 11, 2020, the world health organization declared the spread of the coronavirus pandemic. According to data from the American Johns Hopkins University, the total number of infected people in the world exceeded 1.92 million, including more than 458 thousand was cured, and 119 730 died.

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