the international monetary Fund (IMF) and the group of the largest G20 economies in the world simultaneously decided to defer payment of debt for several dozen poor countries. About it write “news”.
So, the IMF envisaged the postponement of payments totaling more than a billion dollars, and creditors-the state — more than $ 20 billion. The reason was the extreme conditions in the world economy, which were caused by the pandemic coronavirus. The Fund will be replenished through voluntary contributions of the countries participating in the IMF, including the UK, Japan and China.
At the initiative of the head of Fund of Kristalina Georgieva funds other accountable IMF of a trust which aims at reducing poverty in the third world, should be increased to $ 17 billion. The resources of the Fund, which can provide loans, amount to a trillion dollars.
However, Georgieva believes that this is not enough: the urgent financing needs of developing countries may require “trillions”. The Foundation is currently considering the possibility of additional issuance of special drawing rights (SDRs), a special monetary unit of the Fund tied to a basket of major currencies.
Previously, Georgieva announced that the coronavirus had already forced a 100 countries in the world to apply to the Fund for emergency lending assistance. She noted that typically, IMF sets harsh conditions of the countries that provides loans, however, in the current situation, she asked only to pay the doctors and nurses, as well as to make sure that health systems operate and the people receive medical care.
