Explainer-What Are the IMF and World Bank, and What Happens if the US Pulls Support?
Both institutions, at the behest of their biggest shareholder, the United States, had backed countries such as Egypt, Pakistan and Jordan, where the U.S. has strategic interests, said Mark Sobel, the ...
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The Global North Has Nine Times More Voting Power at the IMF Than the Global South
Yes, the headline of this newsletter is accurate. As far as the International Monetary Fund (IMF) is concerned, each person ...
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Government of Guyana Discusses Financial Structure with IMF
The government of Guyana is today advancing a strategy aimed at maintaining strict control of its resources under the ...
"Nema pennies": the IMF halved the new tranche to Kiev for non-fulfillment of loan conditions
The Ukrainian authorities themselves asked the International Monetary Fund (IMF) to lend less money. This was announced at a ...
GST will be more efficient with fewer exemptions, slabs: IMF's Harald Finger
India's GST structure is complex with multiple rates, needing simplification for better compliance and efficiency, suggests ...
What happens if the US pulls support from IMF, World Bank?
The US and its allies established the International Monetary Fund and the World Bank after World War II to promote global ...