IMF must do more to support poorer nations as Covid-19 impacts EM debt
Wednesday 11 August 2021 – Vol.12 Ed.32.3
Commentary: IMF shifts approach to low income countries and special drawing rights
By Mark Sobel in Washington
Before its summer recess, the IMF board tackled two key operational issues – future concessional support for low income countries and ‘channelling’ special drawing rights. By initial appearances, the Fund is moving boldly forward, but the fanfare exceeds reality, with more grant resources being sorely needed. The Fund’s aspirations to support the poorest countries are noble. Realities facing creditor governments, however, pose heroic challenges.
Read the full commentary on the website.
Meeting: Global macroeconomic outlook: Emerging market debt and credit asset classes
Thursday 23 September, 09:00-10:15 BST
In partnership with Capital Group, OMFIF hosts an off the record roundtable discussion on how the current global macroeconomic view is impacting investment in emerging market debt and credit asset classes. The discussion delves into the post-Covid-19 macroeconomic situation, inflation expectations and the pros and cons of a diversified portfolio.
Register to attend here.
