World Bank, IMF urge debt relief for poorest countries
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WASHINGTON (Reuters) - The World Bank and the International Monetary Fund on Wednesday urged official bilateral creditors to provide immediate debt relief to the poorest countries in the world that are facing severe consequences from the rapidly spreading coronavirus.In a joint statement, the institutions called on official bilateral creditors to immediately suspend debt payments from International Development Association (IDA) countries, which are home to a quarter of the world’s population..