In a joint statement, the institutions urged creditors under bilateral agreements to immediately freeze the debt repayment of the countries of the Association for International Development, which live in a quarter of the world's population and two-thirds of the population living in extreme poverty, transmits BTA.
This will support the urgent liquidity needs of the association countries to address the difficulties caused by the coronavirus pandemic and give time to assess the effects of the crisis and the financial needs of each country, the IMF and the World Bank said.
World Bank and IMF: To ease the debt burden of the poorest countries
The World Bank and the International Monetary Fund (IMF) urged official lenders under bilateral agreements to immediately ease the obligations of the world's poorest countries, which suffer severe consequences of the coronavirus, Reuters reported.tags:
How will the world meet the non-medical side of the pandemic?
Administrator • 2020-03-14 14:30:06
Middle Eastern countries give billions of dollars to tackle economy with coronavirus
Administrator • 2020-03-15 20:30:20
Kristalina Georgieva: The entire IMF credit resource may be for countries affected by Covid-19
Administrator • 2020-03-29 03:30:17