Stepping up to meet low-income countries' pandemic recovery needs

WASHINGTON D.C.: Low-income countries have been hard hit by the pandemic. Their large financing needs are only likely to grow as they deal with the crisis and its economic aftermath.

The International Monetary Fund (IMF) has approved a far-reaching package of support that would expand their access to financial assistance at zero-interest rates, while providing stronger safeguards against taking on debt they cannot handle.