Mark Weisbrot’s Remarks from CEPR’s Webinar on Ending IMF Surcharge Policy –...
I want to thank everybody for coming and welcome you. Thank you also for the work that so many of you do on these issues. Our panel today is about harm reduction. My colleagues here from the Center for...
View ArticleEcuador News Round-Up 15: Election Season Heats Up as the Prosecutor...
The Upcoming Presidential Elections Although Ecuador’s general elections are still six months away, all participating political parties have already announced their candidates for president and vice...
View ArticleThe Growing Impact of Surcharges
Nearly 80 countries are in or at risk of debt distress. These debts drain resources, especially in climate-vulnerable nations, creating a cycle where debt hinders climate and development efforts,...
View ArticleIMF Surcharges: Data Dashboard
IMF Surcharges: Data Dashboard IMF surcharges are additional payments, on top of regular payments and fees, that countries are required to pay to the fund if they have high levels of IMF debt...
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Three Years After SDRs Were Issued, Debt-Based SDR Rechanneling Has Failed
In August 2021, the International Monetary Fund (IMF) made its largest-ever allocation of Special Drawing Rights (SDRs) — $650 billion worth. Two months before the allocation took place, the G7...
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New Analysis Examines Benefits to Borrowing Countries from Possible IMF...
Washington, DC — As the International Monetary Fund (IMF) prepares to meet this week to decide on possible reforms to its surcharge policy, a new post from the Center for Economic and Policy Research...
View ArticleThe Global South’s Poor Should Not Be Subsidizing the IMF
Al Jazeera English See article on original site Ahead of the United Nations General Assembly this month, world leaders gathered in New York for the Summit of the Future, intended to generate ideas to...
View Article14 Congress Members Urge IMF to End Harmful Conditions, Embrace Pro-Worker...
Washington, DC — 14 members of Congress, led by Congresswoman Susan Wild (D-PA), sent a letter to International Monetary Fund (IMF) Managing Director Kristalina Georgieva urging the Fund to move away...
View ArticleIMF Reforms Are Welcome, But Surcharges Still Must Go
In September 2021, CEPR published a report shedding light on one of the International Monetary Fund’s (IMF) most harmful but under-discussed policies: surcharges. This month, after three years of...
View ArticleEvent: Debt, Climate and International Financial Institutions (IFIs) from a...
The Center for Economic and Policy Research, ActionAid USA, Action Corps, Initiative for Policy Dialogue, Oxfam America, and Partners in Health organized this important panel discussion on Capitol...
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