IMF announces $50 billion program to fight coronavirus outbreak
Most of the money will be interest-free, and countries do not need to have a preexisting program with the IMF to participate, Kristalina Georgieva said.
“We’re in an early stage of engagement, but I can assure you that we will act very quickly as requests come,” Georgieva said.
There are more than 90,000 confirmed cases of the coronavirus around the world, and the outbreak has spread to six continents.