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New Report Finds that IMF Surcharge Fee Reforms Are Inadequate

New Report Finds that IMF Surcharge Fee Reforms Are Inadequate

The International Monetary Fund’s (IMF) recent revision to its surcharge policy will reduce the number of countries paying surcharges but fails to significantly reform the policy, which remains onerous, procyclical, and counterproductive. These are among the key findings of a new report from the Center for Economic and Policy Research (CEPR) that examines the IMF’s recent review of, and reforms to, its controversial surcharge fee policy.

A close-up of a hand holding a marker, writing on a piece of paper filled with text about economic reform and efficiency.