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The Independent UK
The Independent UK
National
Via AP news wire

IMF fees on war-torn countries closer to elimination

Copyright 2021 The Associated Press. All rights reserved

The International Monetary Fund is facing pressure to reevaluate how it imposes fees on loans it disperses to needy countries like war-torn Ukraine — which is one of the fund’s biggest borrowers.

The move comes as more countries will need to turn to the IMF, as food prices and inflation internationally continues to rise.

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