IMF announces four more major aid packages
Haiti receives half of IMF funding quota while Moldova, Bolivia and Côte d’Ivoire get 100%
The International Monetary Fund announced emergency measures on April 17 worth approximately $1.6 billion to support four emerging economies hit by the coronavirus pandemic.
The IMF board said it has now agreed emergency aid packages for approximately 23 countries. Its managing director, Kristalina Georgieva, described the demands for assistance from member states as “unprecedented”. More than 100 countries had sought emergency funding, she revealed at the IMF spring meetings last week.
The
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