G7 eyes allocating $100 billion from IMF funds to COVID-ravaged nations

G7 eyes allocating $100 billion from IMF funds to COVID-ravaged nations


Investing.com - Financial Markets Worldwide

Please try another search

Economy52 minutes ago (Jun 11, 2021 06:10AM ET)

G7 eyes allocating $100 billion from IMF funds to COVID-ravaged nations: U.S.
© Reuters. FILE PHOTO: A G7 logo is seen on an information sign near the Carbis Bay hotel resort, where an in-person G7 summit of global leaders is due to take place in June, St Ives, Cornwall, southwest Britain May 24, 2021. Picture taken May 24, 2021. REUTERS/Toby

CARBIS BAY, England (Reuters) – The United States and other Group of Seven nations are considering reallocating $100 billion from the International Monetary Fund’s warchest to help countries struggling most to cope with the COVID-19 crisis, the White House said.

The issue will be on the table when G7 leaders discuss how to help steer the world’s recovery from the coronavirus pandemic at a three-day summit in Cornwall, in southwestern England, which begins on Friday.

“The United States and our G7 partners are actively considering a global effort to

Read More

Leave a Reply

Your email address will not be published. Required fields are marked *