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IMF Ramps up Loan Conditions Despite Promises, Study Finds

The number of conditions the International Monetary Fund attaches to its loans has grown in recent years, despite promises to limit what critics see as onerous requirements, according to a study released on Wednesday. The Eurodad network of European development groups also said nations desperate for cash are at a disadvantage in their dealings with the IMF, likening them to negotiating “at the barrel of a gun.” The IMF attached nearly 20 conditions on average to each loan...

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