24
Mar
Last Updated: March 19, 2020
As announced by Managing Director Kristalina Georgieva on March 4, 2020, The IMF stands ready to support vulnerable countries with different lending facilities, including through rapid-disbursing emergency financing, which could amount up to $50 billion for low-income and emerging markets. Of this, $10 billion is available at zero interest for the poorest members through the Rapid Credit Facility.
What lending instruments does the IMF have to provide emergency financing to address coronavirus?
The IMF has two facilities—the Rapid Credit...