COVID-19 has caused economic disruption and devastation for millions of people around the globe. As countries are reeling from catastrophic job losses and financial uncertainty, international leaders are working to protect the most vulnerable. Washington Post Live features International Monetary Fund managing director Kristalina Georgieva on how the Fund is responding to the global pandemic.
IMF Managing Director Kristalina Georgieva commented on the ongoing protests in the U.S. and internationally against policy brutality and institutionalized racism. “It is very sad to see that inequality and exclusions are still present…unfortunately, inequality in the world has been going up,” she said.
IMF Managing Director Kristalina Georgieva explained the G7 Finance Ministers’ Debt Suspension Agreement committing to 12 billion in debt relief from international creditors with transparency and more accountability relieving the world’s poorest countries.
IMF Managing Director Kristalina Georgieva calls for restructuring debt and adding liquidity to help world’s poorest countries, “It is paramount to continue with fiscal stimulus to inject growth…We have to think about the opportunities ahead of us to overcome risks.” Georgieva said.
Managing Director of The International Monetary Fund
Columnist, The Washington Post
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