IMF chief eyes deadline extension to Brexit trade deal amid coronavirus uncertainty

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LONDON (AFP) - IMF head Kristalina Georgieva on Thursday (April 16) suggested that Britain and the EU extend their deadline on striking a post-Brexit trade deal in the face of coronavirus uncertainty.. Read more at straitstimes.com.

LONDON - International Monetary Fund head Kristalina Georgieva on Thursday suggested that Britain and the European Union extend their deadline on striking a post-Brexit trade deal in the face of coronavirus uncertainty.

"I really hope that all policymakers everywhere would be thinking about" reducing uncertainty, she added.The IMF this week warned that the coronavirus pandemic is pushing the global economy into the deepest recession in a century, cutting world output by 3 per cent this year, and cautioned that the crisis could get even worse.

However a joint statement following a call between EU negotiator Michel Barnier and British counterpart David Frost made no mention of postponing the end of Britain's transition out of the bloc beyond Dec 31.

 

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