The IMF’s generosity is under fire.

Wednesday, August 25, 2021

Its decision to give neighboring Belarus, whose President Alexander Lukashenko is accused of usurping power and accused of dictatorship, about $1 billion, is being strongly criticized by the Belarusian democratic opposition and their supporters. The move is “a terrible indictment of the IMF and key Western shareholders,” Timothy Ash, emerging markets strategist and commentator at BluBay Asset Management in London, says. “Does SDR stand for Supporting Dodgy Regimes?”

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