IMF's policy needs deeper political economic thinking - Opinion
‘“Escalating protests in Pakistan against rising costs linked to IMF demands, which follow similar protests in...
Source: brecorder.com
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IMF mulls new loan conditions to curb inequalities
Further says the loan initiatives set at the onset of the pandemic have also proved not effective in reducing debt.
Source: the-star.co.ke
IMF: Austerity Loan Conditions Risk Undermining Rights
The International Monetary Fund, with a global debt crisis looming, is setting conditions for its loans that risk undermining people’s economic, social and cultural rights.
Source: hrw.org
Bandage on a Bullet Wound
Click to expand Image © 2023 Human Rights Watch The report makes several key findings. First, it finds that the Fund continues to rely on its traditional approach of expecting governments to reduce debt through fiscal consolidation, which raises significant human rights concerns. While “fiscal consolidation” refers broadly to reducing debt by cutting public spending or increasing revenues, the report finds that programs routinely include conditionalities that impose cuts to public spending and
Source: wn.com
IMF is not your friend and does not mean well for Kenya – Oxfam now warns RUTO against taking IMF Loans
Monday, April 25, 2023 – President William Ruto has been warned against dealing with the International Monetary Fund (IMF) as it does not mean well for Kenya. In a statement, Global aid agency, Oxfam, warned Ruto's administration that the measures being implemented as part of loan conditions by the IMF would worsen the economic situation in…
Source: kenyan-post.com