IMF lending facility for climate, pandemic preparedness is ready

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WASHINGTON - The International Monetary Fund's Resilience and Sustainability Trust is now operational, adding an important financing instrument to help countries deal with climate change, pandemics and other longer-term issues, IMF Managing Director Kristalina Georgieva said on Wednesday. Read more at straitstimes.com.

WASHINGTON - The International Monetary Fund's Resilience and Sustainability Trust is now operational, adding an important financing instrument to help countries deal with climate change, pandemics and other longer-term issues, IMF Managing Director Kristalina Georgieva said on Wednesday.

"I am delighted to announce that the new Resilience and Sustainability Trust has become operational," she said in a statement. Georgieva said she was pleased the fund had delivered on its promise to make the RST operational around the 2022 IMF/World Bank Annual Meetings.

 

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