Economics

France Says U.S. Is Opposed to Increasing IMF Crisis Powers

  • IMF says it may need more resources if pandemic persists
  • G-20 agrees to debt moratorium for world’s poorest nations

Bruno Le Maire

Photographer: Ludovic Marin/AFP via Getty Images

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France said the U.S. is blocking an attempt to increase the International Monetary Fund’s capacity to help countries in financial trouble because of the coronavirus.