IMF approves $1.2 billion for Pakistan from bailout, citing progress on economic and climate reforms
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The IMF currently lends money to 36 countries for a total amount of $185 billion to help those countries get their economies on firm ground. Do you want to understand why and how the IMF lends its money? | International Monetary Fund
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Great news for the poorest and most vulnerable countries to COVID-19. The IMF Executive Board has approved immediate debt relief for 25 countries under the IMF’s revamped Catastrophe Containment and Relief Trust. What does this mean? This means our poorest and most vulnerable member countries will receive grants to cover their IMF debt obligations for an initial phase over the next 6 months, enabling them to channel more of their financial resources towards vital emergency medical and other reli
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