March 5, 2020/AEC Several African petroleum and energy ministers met in Vienna this week, including OPEC Members Equatorial Guinea, Nigeria, Gabon, Congo-Brazzaville and Angola to join OPEC efforts in stabilizing the market in light of the ongoing coronavirus outbreak. They were joined by additional members of the African Petroleum Producers […]
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IMF Makes Available $50 billion to Help Address Coronavirus
March 4, 2020/IMF As Prepared for Delivery The IMF is making available about $50 billion through its rapid-disbursing emergency financing facilities for low income and emerging market countries that could potentially seek support. Of this, $10 billion is available at zero interest for the poorest members through the Rapid Credit […]
Statement by IMF Managing Director Kristalina Georgieva and World Bank Group President David Malpass on the 2020 IMF-World Bank Group Spring Meetings
March 3, 2020/IMF Mrs. Kristalina Georgieva, Managing Director of the International Monetary Fund (IMF), and Mr. David Malpass, President of the World Bank Group, today issued the following statement: “Like everyone else around the world, we have been deeply concerned by the evolving situation of the Coronavirus and the human […]
