Global EditionASIA 中文雙語(yǔ)Fran?ais
    World
    Home / World / Europe

    IMF executive board approves immediate debt relief for 25 countries

    Xinhua | Updated: 2020-04-14 09:25
    Share
    Share - WeChat
    IMF Managing Director Kristalina Georgieva. [Photo/Agencies]

    WASHINGTON - The International Monetary Fund (IMF) Executive Board has approved immediate debt service relief for 25 member countries as part of its response to help address the impact of the COVID-19 pandemic.

    "This provides grants to our poorest and most vulnerable members to cover their IMF debt obligations for an initial phase over the next six months and will help them channel more of their scarce financial resources towards vital emergency medical and other relief efforts," Kristalina Georgieva, managing director of the IMF, said Monday in a statement.

    The countries that will receive debt service relief include Afghanistan, Benin, Burkina Faso, Central African Republic and others, according to the IMF.

    The IMF's revamped Catastrophe Containment and Relief Trust (CCRT) enables the IMF to deliver grants for debt relief benefitting eligible low-income countries in the wake of catastrophic natural disasters and major, fast-spreading public health emergencies.

    The CCRT can currently provide about 500 million US dollars in grant-based debt service relief, according to Georgieva. "I urge other donors to help us replenish the Trust's resources and boost further our ability to provide additional debt service relief for a full two years to our poorest member countries," she said.

    In a speech delivered last week, the IMF chief said it is already clear that global growth will turn "sharply negative" in 2020. "In fact, we anticipate the worst economic fallout since the Great Depression," she noted.

    Georgieva said just three months ago that the IMF expected positive per capita income growth in over 160 of its member countries in 2020, but it now projects that over 170 countries will experience negative per capita income growth this year.

    "The bleak outlook applies to advanced and developing economies alike. This crisis knows no boundaries. Everybody hurts," she said, adding the crisis is expected to hit vulnerable countries hardest.

    Most Viewed in 24 Hours
    Top
    BACK TO THE TOP
    English
    Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
    License for publishing multimedia online 0108263

    Registration Number: 130349
    FOLLOW US
    中文字幕乱码免费看电影| 最近中文字幕大全免费版在线| 中文无码久久精品| 人妻精品久久无码区| 中文字幕乱码免费看电影| 中文国产成人精品久久不卡| 97无码免费人妻超级碰碰夜夜| 欧洲精品无码一区二区三区在线播放 | 亚洲一区二区三区AV无码| 久久超乳爆乳中文字幕| 久99久无码精品视频免费播放| 亚洲中文字幕无码不卡电影| 视频一区二区中文字幕| 日韩AV无码中文无码不卡电影| 亚洲AV无码成人精品区狼人影院| 午夜不卡无码中文字幕影院| 国内精品无码一区二区三区| 乱人伦中文字幕在线看| 91中文字幕在线观看| 久クク成人精品中文字幕| 午夜精品久久久久久久无码| 日韩专区无码人妻| 亚洲av无码乱码在线观看野外| 本道天堂成在人线av无码免费| 狠狠躁夜夜躁无码中文字幕| 无码国产精品一区二区免费16 | 国产AV无码专区亚洲AWWW| 日本中文字幕在线电影| 欧美日韩中文国产va另类电影| 亚洲人成中文字幕在线观看| 亚洲中文字幕第一页在线| 忘忧草在线社区WWW中国中文| 中文在线最新版天堂bt| 日本公妇在线观看中文版 | 最近中文字幕高清字幕在线视频| 亚洲一区二区三区无码中文字幕 | 中文字幕av在线| 久久e热在这里只有国产中文精品99| 亚洲欧美中文日韩在线v日本 | 夜夜添无码一区二区三区| 在人线AV无码免费高潮喷水|