All too often we hear the claim that the programs the IMF supports in low-income countries hurt the most vulnerable by forcing cuts in social spending. This is a misconception. Our study concludes that, contrary to these claims, IMF-supported programs boost education and health spending in low-income countries for as long as countries are engaged with the IMF.
Filed under: concessional lending, IMF, International Monetary Fund, Low-income countries | Tagged: government revenues, higher growth, IMF, IMF-supported programs, iMFdirect, International Monetary Fund, low-income countries, mobilize donor financing, public education spending, public health spending, social justice, social spending, What Happens to Social Spending in IMF-supported programs | 4 Comments »
