As we can see, the only nations that were able to resist IMF pressure were El Salvador, prior to gaining an IMF loan, and Bhutan which does not have an IMF loan. Each country with an IMF loan who has ...
Think of it as a credit union for countries that funds itself through the interest it charges borrowers minus the interest it pays creditors The IMF may be best known for providing loans to crisis-hit ...
The IMF may be best known for lending to crisis-hit countries. But what about its own finances? How does it finance its critical functions and cover its operational expenses? Let’s remember that the ...