On April 7th, 2020, the World Intellectual Property Office (WIPO) issued a statement reassuring its stakeholders that it is well positioned to endure the great uncertainty caused by the ongoing Covid-19 crisis. According to Director General Francis Gurry:
“WIPO’s stable and healthy financial situation results from high demand for the Organization’s services coupled with a disciplined approach to expenditure. These factors have enabled the Organization to be in a strong position to face the uncertainties and probable downturn that are being provoked by the Covid-19 crisis.”
The WIPO’s full press release can be found here.