Are IMF Loans Leading to Higher Rates of Tuberculosis?
No loan comes without conditions. You know what I mean. You’re required to make regular payments on time, pay interest, and are charged late payment fees etc when you’re not following the rules.
Well, it seems that the International Monetary Fund (IMF) is no different. They, too, attach conditions on their loans to recipient countries. Conditions such as the country being required to reduce or limit their education, social services, and health expenditure in an effort to get inflation in check. The idea behind this is that, despite these cutbacks in services, once the country’s inflation has been controlled and economy …read more
