IMF surcharge burden on distressed countries calls for urgent reform
Surcharges neither ensure repayment nor protect IMF finances. Their main effect is to increase the burden of debt payments ...
Gulf Times3dOpinion
IMF’s destructive surcharges
A group of 22 financially distressed countries, including Pakistan and Ukraine, has become the largest source of net revenue ...
business2d
The IMF must end its destructive surcharges
By Joseph E. STIGLITZ, Kevin P. GALLAGHER, Martín GUZMÁN& Marilou UY A group of 22 financially distressed countries, including Pakistan and Ukraine, has become the largest source of net revenue to the ...
Al Jazeera on MSN2d
As Sri Lanka votes, a $2.9bn IMF loan looms large
“Recent financing deals were linked to the IMF’s 2023 debt sustainability analysis, which was flawed,” Kadirgamar said. “It ...
Is the IMF ‘sabotaging’ Pakistan? Is the lender rethinking $7-billion loan deal with bankrupt nation?
Is Pakistan’s 24th bailout from the IMF in trouble? The global lender hasn’t approved a $7-billion loan deal, which was ...
Ukrainska Pravda on MSN3d
IMF halts mission to Russia after EU objections, Russian media say
The International Monetary Fund has postponed the resumption of consultations with the Russian government following ...
batimes5d
IMF eyes decision on loan-penalty relief by October meetings
The IMF’s executive board plans Monday to hold an informal meeting on the review of the so-called surcharges, fees that apply ...
cadtm.org4d
The Case for the Complete Removal of IMF Surcharges: Historical Precedents and a Growing Burden
Abstract This paper argues for the elimination of the surcharge policy of the International Monetary Fund (IMF). It explores ...
Dawn8d
IMF hopes
THE inclusion of Pakistan’s case on the agenda of the IMF Executive Board meeting later this month must end the uncertainty ...
ABC News9d
Pakistan says it has met all of the IMF's conditions to secure a new $7 billion loan
During a Cabinet meeting, Sharif praised his finance team and other advisers for complying with the requirements set by the IMF, which is expected to sign a formal approval to the loan on Sept.
Island8d
IMF warns it is crucial for Sri Lanka to protect hard-earned achievements – meaning no deviation from agreed goals
The International Monetary Fund (IMF) on Thursday (12th) stated that although Sri Lanka has made significant progress, the ...
Cfr.org26d
The IMF’s Latest External Sector Report Misses the Mark
Every now and again, a major international institution misfires in its analysis. The IMF just did so in its 2024 external sector report. The basic theme of the report is that global trade and ...