The International Monetary Fund (IMF) on Thursday said that low-income developing countries (LIDCs) face a lost decade due to the shockwaves from the coronavirus pandemic. Urgent and concerted action from the international community is required to "save lives and livelihoods in LIDCs", it added. The IMF further said that it has provided emergency financing to 42 LIDCs since April.
The International Monetary Fund (IMF) on Thursday said that low-income developing countries (LIDCs) face a lost decade due to the shockwaves from the coronavirus pandemic. Urgent and concerted action from the international community is required to "save lives and livelihoods in LIDCs", it added. The IMF further said that it has provided emergency financing to 42 LIDCs since April.
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