IMF has reached goal to add $3 billion to trust fund for poorest countries-Georgieva
Saturday, 14 October 2023
During the IMF and World Bank meetings in Marrakech, Managing Director Kristalina Georgieva announced the achievement of the $3 billion fundraising target for the concessional trust fund, enabling the IMF to provide interest-free financing to low-income countries, with 40 nations contributing, including emerging-market economies.
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