| Inner City Press Asks IMF
of China Murky Loans Kenya Graft
Review and Egypt Timing
by
Matthew Russell Lee, Patreon Book
Substack
NYC,
Oct 3–
When the IMF held its press
briefing on October 3, Inner
City Press was able to ask the
spokesperson three
questions: on Kenya and
governance / corruption
review, on China's murky
emergency loans to lower
income countries, and the 4th
IMF review of Egypt's program.
On Kenya, what is
the IMF's response to reported
pressure on Kenya to request
an IMF assessment of
corruption and governance
issues as part of a push to
unlock lending that has been
stalled by the shelving of tax
hikes?
On Egypt, can you
confirm that the IMF has
postponed the fourth review of
Egypt's economic reform for
the loan program to November?
What is the IMF's
response to US Treasury
official Brent Neiman saying,
as to China, "we must make
sure the result is the
expansion of transparent,
credible and on-budget
financing flows or debt relief
to countries undertaking
reforms, not potentially
damaging forms of lending"?
The
spokesperson
Julie Kozack's
replies
included that
the timing on
Egypt hasn't
changed, that
a list of
countries in
governance
review will be
provided - and
it was, here,
including
Cameroon
and
that the US's
- and others'
- in put is
welcome,
including in
connection
with the
Bretton Woods
organizations'
80th birthday.
More video
coming on
IMF's website.
***
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