Pandemic: IMF approves emergency financing for 50th member




07 May 2020


Washington, DC, United States



Pandemic: IMF approves emergency financing for 50th member
Washington, DC – Recent
1. B-ROLL: Washington D.C., Exterior IMF

Washington, DC --- 7 May, 2020
2. B-ROLL: Cuts Studio
3. SOUNDBITE: (English) Gerry Rice, Spokesperson IMF

“So since roughly the beginning of April until May 6th, yesterday, we have approved financing for 50 countries under these emergency facilities. It's an IMF moving at an unprecedented speed in an unprecedented way to meet this unprecedented challenge, which we are all facing of course.”
4. B-ROLL: Cuts Studio

5. SOUNDBITE: (English) Gerry Rice, Spokesperson IMF

“Importantly, these facilities allow the Fund to provide emergency assistance without the need to have a full-fledged program. So they do not entail the usual IMF conditionality.”

6. B-ROLL: Cuts Studio
7. SOUNDBITE: (English) Gerry Rice, Spokesperson IMF

“We are asking all member governments who receive emergency financing from the Fund to commit in their letters of intent to ensure that this assistance is used for the urgent purposes agreed under the emergency financing. These letters of intent are important and they are published by member countries and they are available for you and anyone to review on the IMF website.“

8. B-ROLL: Cuts Studio
9. SOUNDBITE: (English) Gerry Rice, Spokesperson IMF

“The IMF, for its part, with the approval of our executive board, has gone ahead with immediate debt service relief from the IMF to 25 countries under our revamped Catastrophe Containment and Relief Trust, the CCRT. And this allows those countries to channel more resources towards vital health and medical relief efforts rather than repay debt obligations owed to the IMF. “
Washington, DC – Recent
10. B-ROLL: Washington D.C. streets and Exterior IMF
IMF content shall not be edited or modified in a manner intended to create a false or misleading version of the underlying material.


  • Brian Walker
    Media Relations Officer
    United States
    +(1) 202.623.7381
    +(1) 202.286.5839