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Antigua PM writes World Bank /IMF seeking assistance for Caribbean countries

The Prime Minister of Antigua and Barbuda, Gaston Browne has written to the International Monetary Fund (IMF) and the World Bank urging that the financial institutions agree to initiatives aimed at assisting CARICOM countries deal with the socio-economic impact of  the coronavirus.
 
In his March 30 letter to IMF Managing Director, Kristalina Georgieva and World Bank President David Malpass, Prime Minister Browne said the COVID-19 pandemic would have a calamitous effect on the region.
 
He said the virus would have created a public health and an economic emergency, wreaking havoc globally but especially on poor states as well as small and vulnerable ones.
 
The Prime Minister said several Caribbean countries are highly tourism dependent and the stoppage of  airlines and cruise ships have devastated the industry.


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