Increasing global political and economic uncertainty

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The International Monetary Fund has said that global political and economic uncertainty is on the rise, with $ 70 billion financing to 8 countries this year. According to the IMF’s annual report, the situation in the international, political, financial and economic uncertainty is accelerating, due to which the IMF has increased its efforts.

New York, Oct 5 (HAMS) The International Monetary Fund (IMF) has said that global political and economic uncertainty is on the rise, with $ 70 billion financing to 8 countries this year.
According to the International Monetary Fund’s annual report released by the International Monetary Fund (IMF), the situation of political, financial and economic uncertainty is accelerating internationally, due to which the IMF has increased its efforts.

The report states that the IMF is planning comprehensive financing to meet the needs of its member countries. IMF is considering financial stability on debit technology and creating global opportunities for all member countries.

According to the report, in the financial year 2019, the IMF provided support to its member countries in three areas, including economic surveillance, financing, supply and landing, and capacity development.

It has completed economic health checks of countries, provided financing and landing of $ 70 billion to 8 countries. It has also financed $ 32.5 million to four low-income developing countries whereas the organisation supported with $ 306 million for technical support and meeting capability development goals.

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