Business Standard

Kevin P Gallagher

Kevin P Gallagher

The author is professor of global development policy at Boston University

The author is professor of global development policy at Boston University

Kevin P Gallagher

IMF surcharge burden on distressed countries calls for urgent reform

Surcharges neither ensure repayment nor protect IMF finances. Their main effect is to increase the burden of debt payments precisely when countries can least afford it

IMF surcharge burden on distressed countries calls for urgent reform
Updated On : 21 Sep 2024 | 12:05 AM IST