IMF must do more to support poorer nations as Covid-19 impacts EM debt
Wednesday 11 August 2021 – Vol.12 Ed.32.3
Commentary: IMF shifts approach to low income countries and special drawing rights
By Mark Sobel in Washington
Before its summer recess, the IMF board tackled two key operational issues – future concessional support for low income countries and ‘channelling’ special drawing rights. By initial appearances, the Fund is moving boldly forward, but the fanfare exceeds reality, with more grant...