Tag: IMF
-
IMF Board Approves Debt Relief for 25 Countries to Combat COVID-19
On April 13, the International Monetary Fund (IMF), one of the world’s largest financial institutions, approved immediate “debt service relief” for 25 member countries as part of its response to the impact of COVID-19. According to the IMF, the debt relief package is designed to “provide grants to… vulnerable members… over the next six months […]
-
Ecuador Protests
Violent anti-government protests ended over the weekend after an agreement was reached between indigenous/worker protestors and the Ecuadorian government. The protests were in response to a newly signed set of economic austerity measures designed to cut social spending in exchange for a $4.2 billion (U.S.) dollar IMF loan. Instructors, click the link below to download […]