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The IMF is providing debt service relief to 29 countries, now extended for another 6 months. This means countries can use funds meant for debt servicing to respond to the pandemic and aid the recovery. The extension was made possible by contributions from the European Union and other donors to the Catastrophe Containment and Relief Trust. Read more: http://ow.ly/q4MN50Eh77V | http://ow.ly/aAne50Eh8HF | International Monetary Fund
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The IMF currently lends money to 36 countries for a total amount of $185 billion to help those countries get their economies on firm ground. Do you want to understand why and how the IMF lends its money? | International Monetary Fund
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