Balancing between survival and IMF neocolonial conditions

THE International Monetary Fund (IMF) has been in existence since 1944 with the objective of helping re-establish economic co-operation in a world that was reeling from the aftershocks of conflict. Among its original mandates was to encourage international monetary co-operation, ratify the expansion of trade and economic growth, and discourage policies detrimental to economic growth. That made the IMF an authority on global monetary policies, lending and assisting economically stricken countries.

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