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FelineOverlord

(3,578 posts) Sat Aug 14, 2021, 04:32 PM Aug 2021

International Monetary Fund (IMF) to give $1B to dictator Lukashenko

Link to article:

Belarus to Get $1 Billion from IMF, Undermining U.S. Push

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2 replies

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International Monetary Fund (IMF) to give $1B to dictator Lukashenko (Original Post) FelineOverlord Aug 2021 OP

And So Ends Any Contribution We Might/ve Made To The IMF Me. Aug 2021 #1

To be fair to the IMF, it's part of a global central bank reserve support - not just to Belarus peppertree Aug 2021 #2

Me.

(35,454 posts)

1. And So Ends Any Contribution We Might/ve Made To The IMF

Reply to FelineOverlord (Original post)

Sat Aug 14, 2021, 06:15 PM

Aug 2021

peppertree

(21,627 posts)

2. To be fair to the IMF, it's part of a global central bank reserve support - not just to Belarus

Reply to FelineOverlord (Original post)

Sat Aug 14, 2021, 06:25 PM

Aug 2021

Every member nation - 190 in all - gets a share of some $650 billion in loans (on very easy terms) proportional to their IMF quota (roughly proportional to GDP).

Now, as to how Belarus' $910 million will be administered...well, let's say certain Swiss bank accounts are about get bigger.

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