IMF chief says 62% of COVID-19 lending went to hard-hit Latin America

WASHINGTON, Sixty-two percent of the International Monetary Fund’s lending in response to the coronavirus pandemic went to 21 countries in Latin America because the region was so hard hit, Reuters cited IMF Managing Director Kristalina Georgieva as saying on Tuesday.
Georgieva told a panel hosted by the Americas Society/Council of the Americas, that the Fund had plenty of lending firepower left, and would focus on helping countries in the region take the “turn towards a greener and digital and fairer economy.”

 

Source: Saudi Press Agency

Leave a Reply

Your email address will not be published. Required fields are marked *

For security, use of Google's reCAPTCHA service is required which is subject to the Google Privacy Policy and Terms of Use.

I agree to these terms.