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Blog Post
December 15, 2023
The poster at the back of the fourth grade classroom asked, “what is your dream?” On cutout paper clouds students had written “doctor”, “teacher”, “football star”, but one in particular caught my attention, “to build a house for my mother.” My throat choked, imagining how precarious this child’s hom...
Blog Post
October 11, 2023
Budget support offers direct financing to a country’s treasury to create more “fiscal space” for public programs. It has constituted some 14 percent of ODA on average, increasing to over 20 percent in times of crisis. No aid modality is more controversial. Critics argue that, without earmarking fund...
Blog Post
September 22, 2023
The IMF has now approved ten new loans to countries under its new Resilience and Sustainability Trust (RST), established in 2022 to provide financial support on concessional terms to countries facing long-term structural challenges arising from two key threats: climate change and pandemic preparedne...