June 26, 2020 / 2:12 PM / 9 days ago

IMF's Georgieva says virus crisis could ultimately test IMF resources

WASHINGTON, June 26 (Reuters) - International Monetary Fund Managing Director Kristalina Georgieva said on Friday that the global economic crisis spurred by the coronavirus could ultimately test the Fund’s $1 trillion in resources, “but we are not there yet.”

Georgieva told a Reuters Newsmaker webcast event that it was now clear that recovery from global business and travel lockdowns would have to get underway amid the widespread presence of the virus, and that IMF member countries were standing by to provide more support to the Fund if necessary. (Reporting by David Lawder Editing by Chizu Nomiyama)

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