Dayane Tetekpor 
The International Monetary Fund (IMF) is making available funds to help some member countries address the economic impact of the Coronavirus.
Countries across the globe are mobilizing resources to fight the Coronavirus pandemic and implement a strategy to redress their respective economies after receiving shocks due to the sudden break in economic activities.
Many global and sub-regional financial institutions have been called upon including the World Bank and the International Monetary Fund to make available credit facilities member countries can take advantage of in these crucial times.
Few days after countries like Togo and Rwanda have announced their decision to provide some relieves to their populace as far as utility bills are concerned, the Managing Director of the IMF Kristalina Georgieva in a Tweet on Sunday stated, Togo and Madagascar got their requests approved and more requests are going to be considered: « It is indeed all hands on deck at the IMF and we are working quickly to help our members deal with the economic impact of #COVID19. Our Board today approved disbursements for #Madagascar and #Togo, and will consider other requests next week.»
It is indeed all hands on deck at the IMF and we are working quickly to help our members deal with the economic impact of #COVID19. Our Board today approved disbursements for #Madagascar and #Togo, and will consider other requests next week. @SE_Rajoelina @FEGnassingbe pic.twitter.com/qfuA4SdZQs
— Kristalina Georgieva (@KGeorgieva) April 4, 2020
Earlier in the week, Rwanda got theirs approved according to an IMF press release on April 2, 2020.
The populace of these countries will have something to hold on to as they keep faith that the COVID-19 pandemic will be fought succesfully and life will return to normal.
