Tag Archives: IMF says debt suspension fast-acting response to coronavirus crisis

WASHINGTON: Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva said on Thursday that debt service suspension was a fast-acting measure to help developing economies deal with the Covid-19 crisis. In a post mailed to media outlets, the IMF chief warned that the Covid-19 crisis could lead to a sharp rise in inequality, pushing millions of people into extreme …

Read More »