It has done so by developing the national capacity to analyze debt issues and to design a national debt strategy, and by using this capacity to negotiate the best possible debt relief and new financing terms from its creditors. In addition, it has moved from being a passive recipient of whatever terms creditors were prepared to offer, to an active participant, setting its own agenda based on its needs for financing poverty reduction and reaching the Millennium Development Goals (MDGs).
Joseph Stiglitz
Kevin Gallagher
Martin Guzman
The International Monetary Fund (IMF) levies ‘surcharges’ or extra fees on member countries that either
- 09/12/2024
- Policy Brief
- Associated Authors: Marilou Uy
José Antonio Ocampo