IMF chief is worried about the impact of the epidemic on emerging economies

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      The IMF and the world bank had called on the international community to act quickly to help African countries and other emerging markets cope with the epidemic.
She said the IMF, which has $1 trillion in lending capacity, has approved emergency funding for 21 countries, with 103 countries applying and offering different tools to help its members.
"The countries with the most severe epidemic situation are not necessarily the hardest hit by the economy," she said at an online press conference for Bulgarian media. I am most concerned about developing and emerging countries. "
"What I'm very worried about is the massive capital outflow from developing markets," she said. Worried about the uncertainty of the crisis, about $100 billion has already flowed out to safer areas. We want to see the process reverse. "
She said that 193 countries have issued financial response to the epidemic totaling $8 trillion, while central banks have provided a total of $6 trillion in liquidity support.


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