Current Affairs - International - Discussion

The International Monetary Fund (IMF) proposed to release its full $1 trillion lending capacity to support countries that battle the COVID-19 outbreak. The IMF described the COVID-19 pandemic as a crisis like no other crisis ever. The announcement was made by the IMF head Kristalina Georgieva.The IMF Board has already approved debt relief for 25 of its poorest members due to the COVID-19 crisis.