IMF criticised for dropping tough loan standards for Covid funds
The IMF's deployment of billions, often without conditions, to help the world deal with the pandemic is causing concern that it is abandoning its focus as a hard-nosed lender of last resort.
09 January 2022 - 00:00
The International Monetary Fund’s deployment of $818bn (R12.7-trillion), often without conditions, to help the world deal with the Covid pandemic has raised concern among some former officials that it is abandoning its focus as a hard-nosed lender of last resort for distressed economies...
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