• Weather
  • Traffic
Loading...
Loading...
Loading...
Other editions
Economics

IMF to launch new form of aid involving no money

Instead of providing cheap loans to countries, the new IMF tool will serve as a good housekeeping seal of approval for a government's reform program.

26.07.2017

The International Monetary Fund said on Wednesday it will launch a new tool to support governments in financial trouble -- one that involves no money.

Instead of providing cheap loans to countries, the new IMF tool will serve as a good housekeeping seal of approval for a government's reform program.

To keep reading
please sign up for free!

Already have an account? Sign in here.

Please ignore this field unless you have been given a voucher code by your employer. If you are a corporate client, please enter your voucher code below.