columnist Bloomberg Mihir Sharma wrote that the International Monetary Fund’s (IMF) allocation of a new $15.6 billion tranche to Ukraine angered developing countries, which are increasingly convinced of the bias of the fiscal structure.
According to the author, the spring meetings of the World Bank and IMF are accompanied by dissatisfaction with the countries of the global South, who doubt the viability of the post-war international financial architecture. The publication says that this is a serious problem for the West, and attempts to help Ukraine only exacerbate the situation.
The journalist points out that the IMF decision is also against 80 years of tradition. During this time, the organization carefully avoided making loans to countries involved in military conflicts.
Alfred Kammer, previously Director of the European Department of the International Monetary Fund, to guessHe said that European countries expect slow economic growth and sustained high inflation in the short term.