Hello to everyone from geneva, and that uh o headquarters. Welcome who headquarters. Welcome to this regular covid19 briefing. There were more than. Thank you. Good morning, good afternoon, and good evening. E are delighted to be joined thank you, tarik. Good morning. Good afternoon and good evening. As tarik said we are delighted krytalina, the managing director of the monetarily fund. Elcome, my sister. She will say more in a few minutes about the Economic Impact of the pandemic and what the imf is doing to support countries and the Global Economy more than one million confirmed cases of covid19 have been eported to who, including more than 50,000 deaths, but we know that this is much more than a Health Crisis. We are all aware of the profound social and economic consequences of the pandemic. The restrictions many countries have put into place to protect health are taking a heavy toll on the income individuals and families and economies of communities and nations. We are in a shared
They have very often less resources to protect themselves against this crisis help any konami crisis. We know that in many countries Health Systems are weak. We know that in fight in flight to safety a lot of capital has left the merging economies the developing quote nearly 90000000000. 00 have flown out this is way more than during the Global Financial crisis. And some countries are highly dependent on commodity exports which prices collapsing there hit yet again it is paramount for us to place these countries and especially the weakest among in the center of our attention the same way the virus hits Vulnerable People with medical preconditions hardest the economic crisis hits vulnerable economies the hardest and that takes me to my 3rd point we ed the i. M. F. Are mobilizing strongly working together with the world bank and other International Financial institutions bringing the world together. To provide protection against this crisis we have one trillion dollars war chest and we a
Hello to everyone from geneva, and that uh o headquarters. Welcome who headquarters. Welcome to this regular covid19 briefing. There were more than 400 journalists watching us on zoom, as well, with a number of questions waiting for our guests today and today we have a special guest. That is the managing director of the International Monetary fund. She will join this briefing to about the Economic Impact of the covid19 pandemic and the response of the International Monetary fund for journalists who are online and wish to ask questions, please click rays hand. We will start. Thank you. Good morning, good afternoon, and good evening. We are delighted to be joined by the managing director of the International Monetary fund. Welcome, my sister. She will say more in a few minutes about the Economic Impact of the pandemic and what the imf is doing to support countries and the global economy. More than one million confirmed have beenovid19 reported to who, including more than 50,000 deaths, b
There are a number of questions waiting for our guest. Guest, thepecial managing director of the International Monetary fund. She will join this briefing to talk about the pandemic and the response of the International Monetary fund. Questions,ist to ask please raise your hand. Tetra whoart with dr. Joined by others. Afternoon, andg, good evening. By theined today managing director of the National Monetary fund. Welcome. She will say more in 18 minutes ofut the economy making part this and what the imf is doing to support countries and the global economy. More than one million cases have includingeported, 50,000 deaths. But we know this is much more than a Health Crisis and we are all aware of the profound social and economic consequences of the pandemic. It is taking a heavy toll on the income of individuals and families and the economies of nations. In the shortterm countries, we can ease the burden on their populations to ensure people have food and other life essentials. For some c
Session all in favor. Aye motion to disclose. A motion not to disclose anything in closed session. Second. All in favor. Aye items 6 pledge of allegiance. I pledge allegiance to the flag of the United States of and to the republic for which it stands, one nation, under god, indivisible with liberty and justice for all. Clerk item 7 is announcements. Please silence your electronic devices. Any ringing, you might be asked to leave the Port Commission hearing room. Public comments is available for members of the public to speak on items not on the agenda or on the agenda and members will have three minutes to make their remarks. Item 8 is click comment on items not listed on tonights agenda is there any Public Comment on items not listed on the agenda seeing none, Public Comment is closed. All right. Item 9 executive directors report. Good afternoon. President brandon Vice President adams. Members of the commission, public and port staff. I am elaine ford support executive director. Id li