In the wake of the coronavirus pandemic, the International Monetary Fund has doled out billions of dollars to keep countries afloat, with few restrictions on that money. But now, those countries say the IMF wants them to impose austerity measures that would devastate struggling economies and dramatically exacerbate inequalities. Rupa Shenoy reports.
The World is an independent newsroom. We’re not funded by billionaires; instead, we rely on readers and listeners like you. As a listener, you’re a crucial part of our team and our global community. If you’ve been thinking about making a donation, this is the best time to do it. Your support is vital to running our nonprofit newsroom, and we can’t do this work without you. All donations between now and June 30 will be matched 2:1. Will you help keep our newsroom on strong footing by giving to The World?