It's good that the IMF realized that they couldn't wriggle out of promised debt cancellation. The IMF must now deliver the funding quickly and without any further delay.
The next step is for the IMF to cancel the debts of over 60 countries that urgently need the funds to help end poverty.
Compared to the momentum last year and the real changes in terms of increase in aid and debt cancellation, the spring meetings were a real disappointment.
The IMF realized that the world was watching and they couldn't deny millions of people the promised debt cancellation.
The IMF realized that the world was watching, and they couldn't deny millions of people the promised debt cancellation.
It seems unbelievable that the IMF is now boldly undoing the debt dealagreed at its own annual meetings in September.