Alliance of (IMF, World Bank, and IEA) to Support Affected Economies

In a swift and exceptional move, the three major economic institutions (IMF, World Bank, and IEA) announced a joint strategic cooperation program. The alliance immediately focuses on the rapid deployment of emergency cash liquidity and bypassing bureaucratic hurdles to rescue the economies of vulnerable countries that have been severely impacted and caught in the crossfire of the wave of high oil prices and disrupted international trade lines, to prevent the collapse of their service sectors.