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Tag Archives: financial assistance

Chart of the WeekIMF Lending Lifeline: Addressing Urgent Financing Needs Brought on by the Pandemic

IMF Blog  Español, Français, Português The human toll and global economic disruption from the COVID-19 pandemic triggered unprecedented demand for financing. More than 1/3 of the IMF’s membership have received relief from the Fund. Since the onset of the pandemic, the IMF has responded rapidly and decisively to meet urgent and exceptional demand for financial assistance from its membership. Since March 2020, 70 members, including many low-income countries, have received financial support...

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IMF Lending During the Pandemic and Beyond

By Robert Gregory, Huidan Lin, and Martin Mühleisen Português In the face of unprecedented uncertainty and the severe economic impact triggered by COVID-19, the Fund continues to adapt its lending. At the same time, it aims to ensure realistic targets, uphold the credibility of programs, and foster national ownership. To date, the Fund has provided financial assistance, mainly through emergency lending and precautionary lending tools, to about 80 countries. In addition, more than 30 countries...

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Coronavirus Economic Planning: Hoping for the Best, Prepared for the Worst

This blog is part of a special series on the response to the coronavirus. By Martin Mühleisen Individuals infected by the coronavirus potentially face a blow to their health and personal and economic well-being. Similarly, countries hit by a sudden and unexpected public health emergency—as coronavirus is proving to be—can see their economies slow and their budgets squeezed as they spend more to counter the impact of the virus. At the same time, they may experience a drop in revenue from...

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