IMF lowers borrowing costs by 36%

The Executive Board of the International Monetary Fund (IMF) has approved to lower the IMF’s borrowing costs for members by 36 per cent, or about $1.2 billion annually. A statement, issued by the IMF Press Centre, said this was the outcome of the fund’s Board Review of Charges and the Surcharge Policy on Friday. It...The post IMF lowers borrowing costs by 36% appeared first on New Telegraph.

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