The global lender has now even struck down its own rules to assist Ukraine—providing financing to a country at war. War poses a risk to the lender, including the IMF, and so they have not done that. Now, Ukraine was not mentioned at all in this rule change, but clearly, it is targeted for exactly this loan,” added the professor. The IMF's loan package for Ukraine aims to support the country's efforts to stabilise its economy and improve its fiscal position amid the ongoing war with Russia and its supported separatists in its eastern region. And so, you know, the usual criticism is that it's a Western country, unlike a country, say, in South Asia."
Source: The Express Tribune March 27, 2023 23:02 UTC