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Tracking the Trillions: 6-Month Checkup on IMF’s Covid-19 Emergency Aid

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The Covid-19 pandemic has exacerbated already staggering levels of economic inequality in many countries around the world. Now there is a real risk that trillions of dollars meant to support those hardest hit by the crisis may be captured by the wealthy, increasing inequality as countries are saddled with public debt for money lost to corruption. The International Monetary Fund (IMF) has lent US$ 89 billion to over 80 countries since March. The Fund has sought to ensure that its emergency assistance helps push back on the rising tide of inequality, with IMF Managing Director Kristalina Georgieva…

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