IMF urges coordinated, proportionate response to coronavirus


  • World
  • Friday, 13 Mar 2020

FILE PHOTO: The International Monetary Fund (IMF) headquarters building is seen ahead of the IMF/World Bank spring meetings in Washington, U.S., April 8, 2019. REUTERS/Yuri Gripas

WASHINGTON (Reuters) - The International Monetary Fund on Thursday urged countries to work together in responding to the rapidly spreading coronavirus outbreak, and called for more donations to help the poorest countries deal with the escalating pandemic.

IMF spokesman Gerry Rice said it was too early to assess the impact of a sharp drop in oil prices on the global economy, but the Fund would next month release more precise forecasts reflecting both that development and what the World Health Organisation is calling a pandemic next month.

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