IMF says virus crisis could ultimately test US$1tril war chest

Regarding the possibility of additional resources, IMF MD Kristalina Georgieva said: "Our members are telling us, 'Everything is on the table. You come to us if you need to do more of something, we are there for you.'"

WASHINGTON: International Monetary Fund Managing Director Kristalina Georgieva said on Friday that the global economic crisis spurred by the coronavirus could ultimately test the Fund's US$1 trillion in total resources,"but we're not there yet."

Georgieva told a Reuters Newsmaker webcast event that it was now clear that an economic recovery would have to get underway without a medical breakthrough and the virus' presence still widespread throughout the world. IMF member countries were standing by to provide more support to the Fund if necessary, she said.