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    TEJINDER S MINHASNov 1, 2023 at 6:58 pm

    I beleieve most of the opinions given in the artical are wrong, heavily biased and incorrect. As the author may not know, the World Bank and IMF are lenders of last resort, interest rates are highly subsidised and terms are very liberal as compared to what the countries may receive in the open financial market. It is not uncomon to find many member governments behaving in financially and economically irresponsible manner even using corrupt practices. When they have to mend their ways under pressure from the IMF/World Bank to behave more responsibly, it hurts. The free economic and financial advice provided by the first rate experts of the World Bank/IMF alone is often worth seeking a loan from these institutions.