Submitted by Third World Network to the UN Commission of Experts on the Global Financial Crisis

The IMF had suffered a sharp decline in its lending business in recent years until the present global financial crisis led to a resurgence in lending. The Group of 20 (G20) has empowered the IMF by making it the key lending institution for crisis-affected countries in need of balance of payments support. …This preliminary assessment, which is a part of TWN’s ongoing study of IMF financial crisis loans, reveals that the Fund’s fiscal and monetary policies remain as tight and restrictive now as they have been in previous years


Chart showing IMF Crisis Loans and Condtionalties