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====Response and analysis of coronavirus==== In late 2019, the IMF estimated global growth in 2020 to reach 3.4%, but due to the coronavirus, in November 2020, it expected the global economy to shrink by 4.4%.<ref>{{cite news |date=15 October 2019 |title=IMF warns world growth slowest since financial crisis |language=en-GB |publisher=BBC News |url=https://www.bbc.com/news/business-50047929 |access-date=22 November 2020 |archive-date=30 November 2020 |archive-url=https://web.archive.org/web/20201130171251/https://www.bbc.com/news/business-50047929 |url-status=live }}</ref><ref name="BBC News">{{Cite news |date=19 November 2020 |title=IMF: Economy 'losing momentum' amid virus second wave |language=en-GB |publisher=BBC News |url=https://www.bbc.com/news/business-55006982 |access-date=22 November 2020 |archive-date=21 November 2020 |archive-url=https://web.archive.org/web/20201121202830/https://www.bbc.com/news/business-55006982 |url-status=live }}</ref> In March 2020, [[Kristalina Georgieva]] announced that the IMF stood ready to mobilize $1 trillion as its response to the [[COVID-19 pandemic]].<ref name="cornbc">{{cite news |title=IMF says it's ready to mobilize its $1 trillion lending capacity to fight coronavirus |url=https://www.cnbc.com/2020/03/16/imf-says-its-ready-to-mobilize-its-1-trillion-lending-capacity-to-fight-coronavirus.html |publisher=CNBC |date=16 March 2020 |access-date=29 March 2020 |archive-date=29 March 2020 |archive-url=https://web.archive.org/web/20200329125513/https://www.cnbc.com/2020/03/16/imf-says-its-ready-to-mobilize-its-1-trillion-lending-capacity-to-fight-coronavirus.html |url-status=live }}</ref> This was in addition to the $50 billion fund it had announced two weeks earlier,<ref name="corbbc">{{cite news |title=IMF provides $50bn to fight coronavirus outbreak |url=https://www.bbc.com/news/business-51732459 |publisher=BBC |date=5 March 2020 |access-date=29 March 2020 |archive-date=28 March 2020 |archive-url=https://web.archive.org/web/20200328155423/https://www.bbc.com/news/business-51732459 |url-status=live }}</ref> of which $5 billion had already been requested by [[Iran]].<ref name="coralj">{{cite news |title=Iran asks IMF for $5bn emergency funding to fight coronavirus |url=https://www.aljazeera.com/ajimpact/iran-asks-imf-5bn-emergency-funding-fight-coronavirus-200312124121692.html |publisher=Al Jazeera Media Network |date=12 March 2020 |access-date=29 March 2020 |archive-date=30 March 2020 |archive-url=https://web.archive.org/web/20200330001811/https://www.aljazeera.com/ajimpact/iran-asks-imf-5bn-emergency-funding-fight-coronavirus-200312124121692.html |url-status=live }}</ref> One day earlier on 11 March, the UK called to pledge Β£150 million to the IMF catastrophe relief fund.<ref name="corimf">{{cite news |title=United Kingdom Boosts IMF's Catastrophe Relief Fund with Β£150 million |url=https://www.imf.org/en/News/Articles/2020/03/11/pr2084-united-kingdom-boosts-imfs-catastrophe-relief-fund-with-gbp150-million |issue=Press release 20/84 |publisher=INTERNATIONAL MONETARY FUND |date=11 March 2020 |access-date=29 March 2020 |archive-date=29 March 2020 |archive-url=https://web.archive.org/web/20200329130506/https://www.imf.org/en/News/Articles/2020/03/11/pr2084-united-kingdom-boosts-imfs-catastrophe-relief-fund-with-gbp150-million |url-status=live }}</ref> It came to light on 27 March that "more than 80 poor and middle-income countries" had sought a bailout due to the coronavirus.<ref name="cortg">{{cite news |title=Dozens of poorer nations seek IMF help amid coronavirus crisis |url=https://www.theguardian.com/world/2020/mar/27/dozens-poorer-nations-seek-imf-help-coronavirus-crisis |work=The Guardian |date=27 March 2020 }}</ref> On 13 April 2020, the IMF said that it "would provide immediate debt relief to 25 member countries under its [[Catastrophe Containment and Relief Trust]] (CCRT)" programme.<ref name="gnmc">{{cite news |title=Global Covid-19 cases near 2 million as Putin warns Russia faces 'extraordinary' crisis |url=https://www.theguardian.com/world/2020/apr/14/global-covid-19-cases-near-2-million-as-putin-warns-russia-faces-extraordinary-crisis |work=The Guardian |date=14 April 2020 }}</ref>
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