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IMF: Countries must continue to implement essential measures to ensure a lasting recovery – Kristalina Georgieva

The countries must continue with essential measures to guarantee the protection of lives and the means of subsistence to ensure a lasting recoveryThe managing director of the International Monetary Fund (IMF) said on Wednesday, Kristalina Georgieva, as reported by Reuters.

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“Stopping support for households and businesses too soon could risk serious self-harm.”The public investment, especially in green projects and digital infrastructure, have the potential to create millions of new jobs, increasing productivity and income. “”We call for a urgent action now including more grants, concessional credit and debt relief, to help low-income countries address their heavy debt burden. “”The IMF has reached $ 280 billion in loan commitments and has mobilized An additional 21 billion in interest-free loans, considering additional options “.”Faster progress on COVID-19 vaccines and other medical solutions could add nearly $ 9 trillion to global revenue by 2025.

Credits: Forex Street

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