Great news for the poorest and most vulnerable countries to COVID-19. The IMF Executive Board has approved immediate debt relief for 25 countries under the IMF’s revamped Catastrophe Containment and Relief Trust. What does this mean? This means our poorest and most vulnerable member countries will receive grants to cover their IMF debt obligations for an initial phase over the next 6 months, enabling them to channel more of their financial resources towards vital emergency medical and other reli