IMF chief urges G20 leaders to maintain policy support as global economy "not out of the woods"

WASHINGTON, Nov. 22 (Xinhua) -- International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Sunday 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 COVID19 --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.