Total Cases
2291
Coronavirus in Pakistan
PUNJAB 845 BALUCHISTAN 169 Deaths 31
SINDH 743 ISLAMABAD 62
KP 276 AJK/GB 196 Recovered 107
LAST UPDATED AT: 02 Apr, 2020 - 11:07am

IMF and WB ask governments to ‘put debt payments on hold’ to help poor nations fight COVID-19

This is specifically for countries that qualify for aid from the ‘IDA’ fund

0

The International Monitory Fund (IMF) has called for governments to put debt payments from poor nations on hold so they can battle the COVID-19 pandemic.

“The World Bank Group (WB) and the IMF believe it is imperative at this moment to provide a global sense of relief for developing countries as well as a strong signal to financial markets”, the development lenders said in a joint statement.

This is specifically for countries that qualify for aid from the ‘IDA’ fund, aimed at the two-thirds of the world’s population living under the poverty line.

Both the World Bank and IMF believe that it is important at this moment to provide relief to developing countries, so they can concentrate on the fight against coronavirus outbreak.

What are your views on this? Share in the comments bar below.


Most viewed in last 24 hours

View More

24 گھنٹوں کے دوران 🔥

View More

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept

>