IMF chief urges G20 leaders to maintain policy support


“I commended the G20 countries as a whole for taking unprecedented actions to mitigate the impact of Covid-19 – including fiscal and monetary measures – that have helped to prevent massive bankruptcies and an even deeper crisis, ” Georgieva said in a statement following a virtual meeting of G20 Leaders’ Summit hosted by Saudi Arabia.

WASHINGTON: International Monetary Fund (IMF) managing director Kristalina Georgieva (pic) urged the Group of 20 (G20) leaders to maintain policy support and reinforce the economic bridge to recovery as the global economy is “not out of the woods.”

“I commended the G20 countries as a whole for taking unprecedented actions to mitigate the impact of Covid-19 – including fiscal and monetary measures – that have helped to prevent massive bankruptcies and an even deeper crisis, ” Georgieva said in a statement following a virtual meeting of G20 Leaders’ Summit hosted by Saudi Arabia.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

IMF , G20 , support , policy , Kristalina Georgieva

   

Next In Business News

Wall St set to open higher on tech boost, PCE data
US inflation rises in line with expectations in March
Gamuda Land announces retail partners for Gamuda Gardens
YNH reaffirms bondholders with remedied technical defaults
Ringgit ends firmer against US dollar
KPJ Healthcare partners with Trustr for AI-driven healthcare solutions
Homeritz stays positive amid economic challenges
Unisem expects performance boost amid semiconductor recovery
Gadang wins RM280mil data centre contract
S P Setia unveils Casaville single-storey bungalows in Setia EcoHill, Semenyih

Others Also Read