Friday, April 3, 2020

IMF, WHO urge leaders to focus on health spending to get virus under control

IMF, WHO urge leaders to focus on health spending to get virus under controlThe IMF and the World Health Organization on Friday urged leaders of developing countries to prioritize paying medical staff, buying protective gear and other health expenditures in their response to the COVID-19 pandemic. In a joint column in the UK's Telegraph newspaper, the heads of the two institutions said getting the new coronavirus under control was a prerequisite to reviving the global economy, and it was critical to strike the right balance in spending emergency aid. "Our joint appeal to policymakers, especially in emerging market and developing economies, is to recognise that protecting public health and putting people back to work go hand-in-hand," wrote International Monetary Fund Managing Director Kristalina Georgieva and WHO Director-General Tedros Adhanom Ghebreyesus.




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