UK markets closed

Merkel urges fellow leaders to contribute more to multilateral organisations

German Chancellor Angela Merkel looks on at the start of the weekly cabinet meeting in Berlin

BERLIN (Reuters) - German Chancellor Angela Merkel on Thursday urged fellow leaders to consider providing further support to multilateral institutions like the United Nations and the World Health Organisation to speed recovery from the coronavirus crisis.

Speaking at a UN-sponsored video conference of world leaders, she also said countries should allocate more funding to the International Monetary Fund to help states that come into short-term financial difficulties.

"Additional IMF measures might also be considered when it becomes necessary to, at short notice, secure the liquidity of vulnerable states," she said through an interpreter. "Thus it might be conceivable to consider an increased allocation of special drawing rights of the IMF."

(Reporting by Thomas Escritt; Editing by Michelle Martin)