UN chief welcomes creation of new IMF trust

United Nations, April 17 (SocialNews.XYZ) UN Secretary-General Antonio Guterres has welcomed the establishment of the Resilience and Sustainability Trust (RST) by the International Monetary Fund (IMF), his spokesman said.

António Guterres praised IMF Managing Director Kristalina Georgieva and the board for approving the new RST effective May 1, Xinhua news agency reported, citing a statement by spokesperson Stephane Dujarric.

“The RST takes a long-term view and will help developing and vulnerable middle-income countries address issues such as climate change and the protracted COVID-19 pandemic, while improving resilience to shocks. future,” the statement said.

“A long-term perspective is needed if we are not only to deal with the current three-dimensional crises, but to retain hope of salvaging the Sustainable Development Goals,” he added.

Source: IANS

UN chief welcomes creation of new IMF trust

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