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Washington : The IMF has approved money for 50 countries


May 8, 2020

According to the details, the International Monetary Fund (IMF) said in a briefing on Corona that more than 100 countries have requested financial assistance from the fund.
As of May 7, the IMF Board has approved 18 18 billion for 50 countries.

The briefing said that the IMF has doubled the size of the emergency facility and now up to تک 100 billion can be met under rapid credit financing.

The International Monetary Fund (IMF) said in a statement that the International Monetary Fund (IMF) was working hard to help the affected countries.

The briefing said that the G20 countries have responded positively to the proposal to defer repayment of loans, while the IMF has also released ارب 1.38 billion under rapid financing for Pakistan.

Remember that the IMF is trying to help countries fight the corona virus. Earlier, the G20 finance ministers and the IMF held a joint meeting in which important decisions were taken regarding the harms of the corona virus.

Kristalina Georgieva said that the IMF has doubled the volume of lending, after which the lending capacity of the IMF has now reached one trillion dollars. Will remain

He said that the IMF board has also approved reforms regarding CCRT. Under this reform, poor countries will deposit money in the CCRT fund instead of repaying the loans.


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