Support for IFIs Needed in U.S. International Assistance for COVID-19


An effective, global response to COVID-19 requires unprecedented coordination at a multilateral level. The IFIs provide both international as well as regional platforms for such coordination, as well as critical resources for data collection and knowledge sharing that the international community relies on to understand the scope and severity of the crisis. Congress should strongly encourage Treasury to utilize all available facilities and tools to maximize U.S. support for developing countries through the IFIs at this critical moment.