International Monetary Fund

Throughout his career, Congressman Grijalva worked tirelessly for a more equitable, just, and peaceful world.

What are IMF surcharges, how do they harm the countries that pay them, and why were the IMF’s recent reforms to its surcharge policy insufficient? Read our updated two-pager on this unpopular and controversial IMF policy.

IMF surcharges are additional payments, on top of regular payments and fees, that countries are required to pay to the fund if they have high levels of IMF debt.

Explore the consequences of IMF surcharge reforms. Find out how changes to the fees levied by the International Monetary Fund affect borrowing costs.

With global growth slowing and many developing countries facing debt crises, the world needs another infusion of the International Monetary Fund’s reserve asset. But while the benefits would be far-reaching and free of risk, the US Treasury has been standing in the way.

A panel discussion on Capitol Hill explored the challenges facing the Global South and the impact of debt and climate change on these nations.

Discover the harmful impact of IMF surcharges and the need for their complete elimination. Explore the reforms announced and their implications for developing countries.

Learn how the IMF is hindering nations’ capacity to achieve the Sustainable Development Goals through punitive fees.

Discover the scenarios for surcharge reform proposed by the IMF Board. Learn why CEPR advocates for the elimination of these punitive fees.

Gain insights into the allocation of Special Drawing Rights (SDRs) and the disparities between wealthy nations and developing countries.