IMF says debt relief plan may be flawed

A top International Monetary Fund official said on Wednesday 25 May the focus by the world's richest nations on debt relief is misplaced.

Raghuram Rajan, the IMF's chief economist, said in some cases debt relief was the best way to increase the net flow of resources to a poor country, but in many cases it was not.

"One-size-fits-all proposals, while politically more convenient, are unlikely to benefit recipient countries as much as proposals that tied debt relief and additional aid to a country

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: