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THE International Monetary Fund’s (IMF) deployment of US$818bil (RM3.4 trillion), often without conditions, to help the world deal with the Covid-19 pandemic is spurring concern from some former officials that the institution is abandoning its focus as a hard-nosed lender of last resort for distressed economies.
The International Monetary Fund’s deployment of $818bn, often without conditions, to help the world deal with the Covid-19 pandemic is spurring concern from
IMF critiqued for dropping tough loan standards for Covid funds
Concerns among economists about the IMF’s current lighter conditionality have been simmering for months. They got renewed attention this week.
Argentina has long had a stormy relationship with the International Monetary Fund. Twenty years after a deep economic, political and social crisis shook the country, the nation is again traversing a tense financial patch.