“International cooperation is essential to deal with the health and economic impact of the Covid-19 virus,” the statement said, referring to the acronym for the virus. It said both the IMF and World Bank were fully committed to supporting these efforts.
(Mar 3): The International Monetary Fund and the World Bank on Monday said they stood ready to help member countries address the human and economic challenges of the fast-spreading coronavirus outbreak, including through emergency funding.
In a joint statement, the two institutions said they were focused especially on poor countries where health systems are weakest, and urged member countries to strengthen their health surveillance and response systems to contain the virus.
