IEA concerned for developing, oil and gas reliant economies

THE current COVID19 crisis and the ensuing global financial meltdown has raised serious concerns with the International Energy Agency, particularly for fragile economies in developing countries reliant on the oil and gas industry, as the International Monetary Fund scrambles to assist.

IMF ready to release global stimulus

17 March 2020
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IEA executive director Dr Faith Birol spoke by phone with OPEC secretary general Mohammad Sanusi Barkindo, yesterday to review the current situation in global oil markets.

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