The IMF is sounding the alarm about the economic consequences in Africa
The International Monetary Fund held a virtual meeting on Friday, October 9, on the impact of coronavirus in Africa in the presence of its CEO Kristalina Georgieva. According to the latter, economic support released in recent months is significant, but it remains insufficient to help the continent emerge from the crisis.
According to the IMF chief executive, the institution has already released nearly $ 26 billion this year. This is ten times more than what the IMF releases on average each year for loans.
But the needs…