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IMF members urge more financing support for struggling nations

The International Monetary Fund's member countries want more help for nations hit by short-term financing problems from negative economic shocks.

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What happened

IMF member countries called for more support for countries facing short-term financing strain caused by negative shocks. A separate statement from the IMFC cited wars, trade disputes, debt concerns and supply breakdowns as rising threats.

Why it matters

The warnings point to rising risks to the global economy.

Timeline

  1. Oct 17, 3:57 AM ET: IMF member countries called for increased support for countries facing short-term financing challenges.
  2. Oct 18, 4:53 AM ET: The IMFC warned that rising risks from wars, trade disputes, debt and supply breakdowns threaten the global economy.

Coverage

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