IMF reviewing lending capacity to support countries

The International Monetary Fund (IMF), is reviewing its lending instrument to respond appropriately to countries applying for necessary financing to contain the damage of COVID-19 on their economies. At a remote Media briefing in Washington DC, the Managing Director of IMF, Kristalina Georgieva, said, the IMF is working hard to strengthen its response capacity. "Over 80 countries have placed requests, and more are likely to come," says the IMF Boss