IMF lauds unprecedented measures taken by G20 against COVID-19

IMF Managing Director Kristalina Georgieva congratulated the Kingdom of Saudi Arabia for its successful presidency of the G20 while facing a year of unparalleled challenges.

IMF (International Monetary Fund) Managing Director Kristalina Georgieva congratulated Saudi Arabia; for its successful presidency of the G20 while facing a year of unparalleled challenges.

She commended the unprecedented measures taken by G20 countries to mitigate the impacts of COVID-19; including the financial and monetary measures that have helped to prevent massive bankruptcies and an even deeper crisis.

Georgieva also expressed the IMF’s best wishes to the next G20 summit to be in Italy in 2021.

This also came in a statement issued Sunday by the IMF after the conclusion of the 15th session of the G20 countries; held in Riyadh on Nov. 21 and 22.