The International Monetary Fund (IMF) and the World Bank Group have asked official bilateral lenders to suspend debt repayments from International Development Association (IDA) countries. The Bretton Wood institutions made the request in a joint statement released on yesterday. The International Development Association is an international financial institution which offers concessional loans and grants to the world’s poorest developing countries. “The coronavirus outbreak is likely to have severe economic and social consequences for (IDA) countries, home to a quarter of the world’s population and two-thirds of the world’s population living in extreme...