IMF conditionalities
The recent approval of $1.2 billion in IMF funding provides some vindication for the government, as it proves that the country is moving in the right direction and abiding by the terms of the $7 billion bailout package. But while stabilising the teetering economy, achieving a primary fiscal surplus and rebuilding foreign exchange reserves are all genuine achievements of the sitting dispensation, the slate of 11 new loan conditions — bringing the total to 64 — should not be met with........





















Toi Staff
Sabine Sterk
Gideon Levy
Penny S. Tee
Waka Ikeda
Daniel Orenstein
Grant Arthur Gochin
Beth Kuhel