IMF lending facility for climate, pandemic preparedness is ready - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

📆 2022-10-12 9:18 PM
📰 SABCNews

⏱ Reading Time:
17 sec. here
2 min. at publisher
📊 Quality Score:
News: 10%
Publisher: 51%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The International Monetary Fund’s Resilience and Sustainability Trust is now operational, adding an important financing instrument to help countries deal with climate change, pandemics and other longer-term issues.

International Monetary Fund Managing Director Kristalina Georgieva.

She said members could start applying for the funds, which will offer 20-year maturities and a 10.5-year grace period, and the board would review applications in coming months. It allows richer IMF members to channel their Special Drawing Rights, or emergency reserves, to help vulnerable countries on the target issues.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

Write Comment

All I know is that even the children of these media personnel will live with us in this heavily indebted country.

BS. Not in the history of ever has the IMF helped anything or anyone.

IMF economic hitmans are ready.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

SABC to brief NCOP Committee - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The South African Broadcasting Corporation (SABC) Board and Executive are expected back to brief the National Council of Provinces' (NCOP) Select Committee on Public Enterprises and Communications on Wednesday morning.
Source: SABCNews - 🏆 37. / 51 Read more »