Georgieva cautions that fiscal and monetary support should not be withdrawn prematurely

Amid the resurgence of the coronavirus, global fiscal and monetary support must not be withdrawn prematurelysaid the managing director (MD) of the International Monetary Fund (IMF), Kristalina Georgieva, in a video message to the Caixin Summit in Beijing.

Georgieva added that the path to the recovery of the world economy must be based on a continuously sound policy.

His comments come as the world is grappling with the intensifying spread of the virus, which threatens economic recovery despite hopes that the vaccine will be rolled out by the end of this year.

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Credits: Forex Street

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