Podcast in English
Text size
Bulgarian National Radio © 2024 All Rights Reserved

IMF head Kristalina Georgieva: 81 countries have requested assistance over COVID-19

The global economy may be in store for a more severe recession than in 2009, the managing director of the International Monetary Fund, Bulgaria's Kristalina Georgieva, stated. According to forecasts of the IMF,  recovery of the world economy is expected in 2021, but only if countries are able to control the spread of the coronavirus and limit economic damage. The main concern is the risk of a wave of bankruptcies and redundancies, which can undermine economic recovery and disrupt the fabric of our societies, Kristalina Georgieva said. 

So far, 81 countries have asked the IMF for assistance over the COVID-19 crisis. Georgieva stressed that the organization is ready to provide all of its $ 1 trillion credit resources to countries affected by the virus pandemic.




Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Volunteers across Bulgaria have counted 6240 sparrows

On April 27, volunteers from a total of 465 locations throughout Bulgaria took part in the eighth edition of the "Let’s Count the Sparrows” campaign of the Bulgarian Society for the Protection of Birds. A total of 6,240 sparrows of..

published on 4/30/24 2:26 PM

Minister of Defense congratulates Bulgarian military personnel on missions abroad for May 6

The noteworthy participation of the Bulgarian military in NATO and EU operations and missions has made Bulgaria a desirable partner for joint preparations and exercises, which are extremely necessary in the conditions of military..

published on 4/30/24 1:13 PM
Elena Šapošnikova and Nikolai Šapošnikov

Russian sabotage operations against Bulgaria and the Czech Republic had logistics support in Greece

A series of explosions and poisonings in Europe - including in Bulgaria targeting arms dealer Emilian Gebrev - organized by GRU Unit 29155, were coordinated by Nikolai Šapošnikov and Elena Šapošnikova, a family of deep-cover spies working as arms..

published on 4/30/24 12:00 PM