The International Monetary Fund is set to launch a $50bn trust fund for low-income and vulnerable middle-income countries. The initiative is to help them build resilience to balance off payments shocks and set them on the path to sustainable recovery by the end of 2022. The RST’s central objective is to provide affordable long-term financing to support countries as they tackle structural challenges. According to Washington-based lender, the pandemic and climate change are threatening macroeconomic stability and growth.. – Punch Share this: Share on X (Opens in new window) X Share on Facebook (Opens in new window) Facebook Share on LinkedIn (Opens in new window) LinkedIn Share on WhatsApp (Opens in new window) WhatsApp Share on Telegram (Opens in new window) Telegram Like this:Like Loading… Related Post navigation DMO Record N139 Billion Oversubscribed Jan 2022 FGN Bond FG urges private sector to maximise AfCFTA
