A report by the UN independent expert on foreign debt, exploring inequality, financial crises and human rights, claims that IMF programmes are associated with a worsening of income distribution.
The IMF has changed its long-standing rule on lending to countries in arrears to official creditors, thereby avoiding having to cancel its $17.5 billion loan programme to Ukraine.
The more things change the more they stay the same... Infographic illustrates findings of new report on IMF Policy in the MENA Region.
IMF has been criticised for undermining negotiations between Greece and other creditors and ignoring the results of a democratic referendum.
Bodo Ellmers of Eurodad argues that, should the IMF not get repaid by Greece, it could finally shock the institution from being a “political puppet” into an effective crisis response instrument.
Concerns in existing and prospective borrower states about the appropriateness and efficacy of IMF-sanctioned reforms under lending and precautionary agreements.
Despite heated debates about the consequences of Syriza’s win in Greece and the IMF's stance on debt reduction, the question of debt sustainability remains central to the country’s economic future.
The IMF’s provision of an exceptional access loan to Ukraine was presented as vital economic support, but many commentators fear that this loan is driven as much by political as economic necessity. Despite emphasising increased sensitivity to country circumstances, Fund policy recommendations in Egypt are very similar to its prescriptions for Ukraine.