The form and design of IMF programmes
For most of the IMF programmes since 1988, a coupling of short-term programme (Stand-by SBA) with a medium-term programme (Extended Fund Facility (EFF), variously named) has been the norm. The…
IMF and imperialism
Pakistan is desperately looking for the completion of the ninth review of the IMF programme to get $1.1 billion tranche from. The government is claiming that it has fulfilled all…
The IMF is not fit for purpose
There is substantial evidence that an IMF bailout merely sets countries up for repeat bailouts. Some countries, like Rwanda and Liberia, have been under continuous IMF tutelage since their independence…
IMF conditionalities: fiscal reforms
The International Monetary Fund (IMF) typically imposes a series of conditions on countries that receive financial assistance from the Fund. In general, IMF conditions may include requirements for fiscal austerity…
Breaking the IMF cycle
Pakistan has struggled with chronic economic problems and a balance of payments crisis since independence. Its history of such crises and dependence on financial support of the International Monetary Fund…
Survival without the IMF
Since the end of World War II, the Second World Bank and the International Monetary Fund (IMF) have emerged as the most prominent international financial institutions (IFIs). These international financial…
Struggling to get IMF’s booster shot
The IMF (International Monetary Fund) is a multilateral lender with a membership of over 195 countries, from advanced economies to the bottom of the economic ladder. It was created to…
Both IMF, govt need serious policy path correction
The International Monetary Fund (IMF) in its recently-released flagship report ‘World Economic Outlook [WEO] update: inflation peaking amid low growth’ indicated that while the economic growth prospects globally had improved…
IMF policy needs a serious rethink
The first major jolt to the International Monetary Fund’s (IMF’s) thinking regarding pursuing austerity policy came in the inability of austerity policy to neither allow eurozone area to reach needed…
Social dimensions and IMF deals
Political economists believe that economic growth is important, but it alone cannot help reduce poverty and inequality, marring prosperity, unless the right choices and unbiased selection of priorities are made…
