IMF primarily serves as a lender of last resort, although recently it has expanded its mission to include reducing extreme inequality and combating climate change. (Image: Stefani Reynolds / AFP)
At a time when the coronavirus pandemic is fueling a rapid rise in inequality and debt, a growing number of policymakers and economists are pressuring the International Monetary Fund to eliminate extra fees it charges on loans to struggling nations because they siphon away scarce funds that could instead be used to battle COVID.©2019 New York Times News Service