With aid shrinking and borrowing costs high, low-income countries face growing financing pressures. Catherine Pattillo examines whether the IMF should expand its financial role as net financing is projected to turn negative around 2030. https://go.cgdev.org/4yOmjgp
go.cgdev.orgAs Other Financing Retreats, How Should the IMF’s Net Financial Role in Low-Income Countries Evolve?The International Monetary Fund’s financial relationship with low-income countries (LICs) is approaching a historically rare shift. The share of LIC borrowers repaying more to the IMF than they receiv...
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