Asked in a 2026 paperHard

The International Monetary Fund (IMF) announced aid package to help fight the Corona virus of_________?

Correct answer: C. $50 billion

  • A. $35 billion
  • B. $43 billion
  • C. $50 billion
  • D. $54 billion

Explanation

The IMF announced a $50 billion emergency financing package for countries affected by the coronavirus crisis, using its rapid-disbursement facilities. The larger figures in the options do not match that initial IMF package announcement.

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About Global Economy

Global economy covers growth, inflation, interest rates, exchange rates, public debt, trade and employment across major economies. It also includes the work of the IMF, World Bank, WTO and central banks, along with oil and commodity prices, supply-chain disruptions, sanctions, trade agreements and the economic effects of international crises.

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