Earlier this year, the International Monetary Fund declared that “debt levels have stabilised and are projected to remain stable or slightly decline” in emerging markets and developing economies. But this sanguine assessment certainly does not...
LONDON: Eighty years ago, delegates from 44 countries gathered in Bretton Woods, New Hampshire, to coordinate reconstruction in the aftermath of World War II and promote international economic cooperation. The institutions for which they laid the...
ISLAMABAD – This month, G20 finance ministers agreed to a proposal to issue $650 billion worth of the International Monetary Fund’s reserve asset, special drawing rights (SDRs), and an additional six-month moratorium on debt payments...
