IMF gives green light to provide interest-free loans to low-income localities Hope to support recovery from Covid
The Executive ทดลองเล่นสล็อต pg Committee of the International Monetary Fund (IMF) has approved reforms in its lending policy to support low-income countries to recover from the COVID-19 pandemic. better
The IMF statement said: “Low-income country financing policy reforms The goal is to build confidence that In the medium term, the IMF has the potential to meet the needs of low-income countries. The IMF will provide interest-free loans to these countries. In addition, the IMF will expand its access to conventional lending by 45%; and It will reduce strict restrictions so that the poorest countries have access to loans.”
Sean Nolan, IMF's deputy director of policy, told reporters that “The decision to raise the ceiling of access to loan sources this time This does not mean that the IMF board approves more lending on every project. But it will focus on helping low-income countries. by providing interest-free loans To give this group of countries a strong enough economy to deal with the Covid-19 crisis. and support the economy to recover to its full potential in the future.”
The IMF expects the global economy to grow 6 percent this year, but IMF Director Kristalina Georgiava said the rate of growth varies from country to country. with some countries growing rapidly while some countries are delayed
In addition, Ms Georgiawa warned that The world economy will not be able to fully recover. If the rate of vaccination against COVID-19 does not increase more And if the vaccination rate continues to be at the current level. The world will not be able to achieve its goal of ending the COVID-19 epidemic by the end of 2022.