Despite the clear message President Malpass sends on the critical importance of addressing debt, the Bank is the only one to fail to make any commitment on d

The IMF has already said that the coronavirus pandemic will trigger the worst economic fallout since the Great Depression —if ever there was a time to expand

Suspending debt owed to rich countries is only one piece of the puzzle.

Without urgent action to relieve developing countries of all their external debt payments this year, and ensure they don't accrue into the future, the corona

In response to IMF Chief Economist Gita Gopinath’s statement that the coronavirus pandemic will trigger the worst economic fallout since the Great Depre

The Coronavirus crisis could result in a catastrophic loss of life in poorer countries and push half a billion more people into poverty. This week, the G20 finance ministers, the IMF and the World Bank can offer an instant lifeline – by cancelling all external debt payments for 2020. This could save $40 billion immediately and support almost 500 million of the world’s poorest to survive this crisis.

The International Monetary Fund’s (IMF) gold holdings have increased in value by $19.3 billion since the start of the global coronavirus pandemic, said Oxfam

Every country in the world is experiencing an economic shock as a result of the Coronavirus crisis, and all governments must act now to protect their people from destitution. Unless dramatic action is taken to shore up the economies of developing countries, the crisis could push as many as half a billion people into poverty.

The economic fallout from the coronavirus pandemic could push half a billion more people into poverty unless urgent action is taken t

Public aid money should not be used to fund corporate-backed private school chains that fuel inequality.