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  • 04-11-20

    Turkey: IMF declares countries must unite against pandemic

    (MENAFN) The International Monetary Fund in Turkey declared on Monday, November 2nd, that countries around the world must work together to surpass the impact caused by Covid-19 outbreak on economies.

    "The G-20 policy agenda must include a collaborative global solution to ensure the development, production, and distribution of effective medical treatments and vaccines," the IMF stated in its G20 Report on Strong, Sustainable, Balanced, and Inclusive Growth.

    Emphasizing the importance of making health and medical supplies available for all countries, on the matter the Fun noted: "This not only helps smaller and poorer economies, it would also bring the world back to normalcy more quickly, helping activity also in larger economies."

    The report emphasized that limitations or bans on vital products must be eliminated as quick as possible, for such restrictions "limit the flow of goods at potentially great humanitarian cost."

    It also expressed that governments should keep supporting families, employees and companies because "premature withdrawal of policy support would be costly in this environment."

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