IMF gives glimmer of hope to most indebted countries
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Asia

IMF gives glimmer of hope to most indebted countries

Kristalina Georgieva, David Malpass, World Bank, IMF, multilateral, development banks, Washington, LatAm

With emerging markets across the globe facing an overwhelming liquidity squeeze, the IMF said on Thursday that it would “look for solutions that can unlock critical financing” in countries where the unsustainability of debt prevented the fund from lending, potentially increasing funding options for the most stressed of countries.

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