We urge the IMF to collaborate with other international financial institutions (IFIs) and bilateral agencies to support a truly multilateral effort. The unimpeded flow of trade financing to low income countries for imports of essential items such as food, fertilizer, fuel and capital goods should also be ensured.
Augmenting the IMF’s resources In response to the increasing demand for Fund financing to manage the crisis the London Summit of G20 Leaders rightly focused on measures to enhance the resources available with the Fund. These decisions should be speedily implemented.