World News

COVID-19-Joint Statement by the Chair of IMFC, IMF MD

March 27, 2020/IMF International Monetary and Financial Committee Chair Lesetja Kganyago and International Monetary Fund Managing Director Kristalina Georgieva issued the following statement following today’s conference call of the International Monetary and Financial Committee. “We are in an unprecedented situation where a global health pandemic has turned into an economic […]

AfDB launches record breaking $3 billion “Fight COVID-19” Social Bond

Landmark transaction, largest Social bond transaction to date in capital markets‘ March 27, 2020/AfDB The African Development Bank (AAA) (www.AfDB.org) has raised an exceptional $3 billion in a three-year bond to help alleviate the economic and social impact the Covid-19 pandemic will have on livelihoods and Africa’s economies.   The […]

Remarks by IMF Managing Director Kristalina Georgieva During an Extraordinary G20 Leaders’ Summit

March 26, 2020/IMF International Monetary Fund Managing Director Kristalina Georgieva made the following statement today following a conference call of G20 Leaders: “I am grateful to the Saudi presidency for calling this extraordinary summit – so we can close ranks as a global community to protect people’s lives and guard […]