Navigating Just Energy Transition Through Large-scale Skill Development Program
Amirah Jinan Dhia, Eric Roeder, Romora Edward Sitorus, Rizki Fajar Pangestu, Alfiansyah Achmad, Ni Putu Mia Tarani, Cahyo Prihadi Policy Brief
Making The Imf Fit For Purpose: An Analysis And A Proposal For Reforming The Fund's Current Interest Rate Policy
In 2024, debtor countries will pay the International Monetary Fund (IMF) an effective annual interest rate of up to 8 basis points. The current lending rate policy is procyclical, it amplifies the global spill-over ofmonetary policy and makes it harder for IMF programs to promote economic recoveries. We recommend setting a cap on the lending rate and/or devising a surcharge-sliding scale.
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