Economics

IMF Ready to Mobilize $1 Trillion Loan Capacity to Counter Virus

  • Managing Director calls for cooperative global policy response
  • Monetary, fiscal, regulatory measures needed, Georgieva says

Kristalina Georgieva

Photographer: Andrew Harrer/Bloomberg
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The International Monetary Fund is ready to mobilize its $1 trillion lending capacity to help nations counter the coronavirus outbreak, with Managing Director Kristalina Georgieva calling for global coordination on monetary, fiscal and regulatory support.