The IMF no longer functions as the world’s safety net

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The IMF no longer functions as the world’s safety net

The fund has deployed just 10% of its capacity during the pandemic, though it 
says it is ‘ready to help’
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"The most severe economic crisis since the Depression should have been a moment 
for the IMF to shine. While the fund has approved a large number of borrowing 
arrangements since the start of the pandemic, these have amounted to less than 
10 per cent of its $1tn resources"



Dr Ismail LagardienVisiting ProfessorWits University School of Governance

Nihil humani a me alienum puto


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