IMF chief calls for more fiscal stimulus to limit coronavirus damage


International Monetary Fund Managing Director Kristalina Georgieva on Monday called on governments to take coordinated fiscal and monetary stimulus measures to stop the coronavirus from causing long-term economic damage.

WASHINGTON: International Monetary Fund Managing Director Kristalina Georgieva on Monday called on governments to take coordinated fiscal and monetary stimulus measures to stop the coronavirus from causing long-term economic damage.

In a blog message posted on the IMF website, Georgieva said the global lender has received interest from about 20 additional countries for financing programs and will follow up with them in the coming days. She did not identify any of them.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Aemulus secures RM15.8mil orders for AI, data centre test systems
Yinson Production raises US$1.46bil to refinance Agogo FPSO
Northern Solar bags RM34mil EPCC contract for 9.5MW solar plant
Clifford Hii appointed Asteel executive deputy chairman after takeover
Banking losses drag FBM KLCI to lowest since December 2025
Malaysia 2027 budget to tackle living costs, fiscal risks as election looms
IMF chief warns energy shock, growing debt and AI risks threaten global growth
Exchange 106 to be fully 5G-enabled from fourth quarter
Surging oil, high US yields drag Asian shares to steepest fall in a week
HSBC plans job cuts across UK wealth business in AI push, FT reports

Others Also Read