IMF sees reversal in capital flows out of emerging markets

WASHINGTON (Reuters) - The International Monetary Fund on Thursday said it estimates that emerging market economies have raised some $77 billion in debt in April and May, partially reversing massive capital outflows of $100 billion seen after the coronavirus outbreak.IMF Managing Director Kristalina Georgieva told a UN conference the Fund had provided $22 billion in emergency financing to 60 of the 103 countries that had asked for help, while offering grants to cover IMF debt service payments..