The International Monetary Agency provides financial support worth 105 billion dollars to 85 countries
150 countries will not return to their pre-Corona crisis levels during 2021
We are still in an exceptional time of uncertainty in dealing with the Corona crisis
Postponing debt payments to countries until next year to support medical systems
The need for Egypt to continue supporting the sectors affected by Coronavirus, with priority setting
Kristalina Georgieva, Director of the International Monetary Fund, said that the start of countries vaccination with the Corona virus vaccine from now until 2025, it will lead to global gains of 9 trillion dollars.
Georgieva added during an interview on the program of the last word on ON TV that 60% of the countries that will achieve gains from this vaccination will go to developing countries and 40% will go to developed countries.
Georgieva indicated that the International Monetary Fund provided 105 billion dollars in support to 85 countries in the Corona crisis.
The Director of the International Monetary Fund stated that in 2021 150 countries will not be able to return to their levels before the Corona crisis, despite the recovery.
“We are still in an exceptional time of uncertainty in dealing with the Corona virus, and what happens in 2021 depends on 3 axes, namely the race between a mutated virus and multiple vaccines, secondly not to withdraw decision-makers to support sectors before confirming the results of the vaccine and thirdly the necessity for a rapprochement between countries of the world and helping some of them,” she said. Some to make sure the vaccine gets to everyone.
Ali stressed that the International Monetary Fund has great concern about the lack of equitable distribution of Coronavirus vaccines.
She said that countries that have strong stocks, reserves, an education system and a good health system will be the first countries to recover from the Corona epidemic.
She stated that the countries that are more contained in the crisis had the least decrease in productivity.
Georgieva said that the countries that have implemented strong precautionary and health measures, such as China, South Korea and Vietnam, were the best performing and fastest growing in light of the Corona epidemic.
On the debt issue in light of the Corona crisis, Georgieva said that it was decided to delay the payment of debts until next year to support the health system of countries.
She indicated that the International Monetary Fund, together with the World Bank Group and the Group of Twenty, had begun an initiative to suspend debt service to countries affected by the Coronavirus.
She mentioned that the International Monetary Fund had provided assistance to 29 countries in the issue of the debt crisis.
Georgieva recommended that the Egyptian government should maintain its previous support for the sectors affected by Corona, while setting priority.
She indicated that the tourism sector in Egypt has been greatly affected by the Corona virus, and many Prime Time Zone have lost their jobs and that recovery will be on the letter k.
Egypt said it should give priority to how to get out of this health crisis and support those affected by it
And Ali stressed that economic reforms are what made Egypt strong in the Corona crisis.
The article Georgieva: Countries start vaccinating with the Corona vaccine between now and 2025, making gains of $ 9 trillion, which was written in the Stock Exchange newspaper.